| XLK latest price $182.0400 (2%) ($180.6400 - $182.4950) on Tue. Nov. 14, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.16% (three month average) |
| RSI | 81 |
| Latest Price | $182.0400(2%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4.7% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
QQQ(98%) IWF(94%) VUG(94%) SPY(89%) FIVG(77%) |
| Factors Impacting XLK price | XLK will decline at least -0.58% in a week (0% probabilities).
EDOC(-55%) VXX(-39%) VIXM(-29%) GLD(-25%) UUP(-17%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.58% (StdDev 1.16%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0.5% |
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