| XLK latest price $185.4500 (1.45%) ($183.0100 - $185.9300) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 92 |
Latest Price | $185.4500(1.45%) |
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% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) IWF(93%) VUG(92%) IVE(83%) EWY(82%) FIVG(75%) |
Factors Impacting XLK price | XLK will decline at least -0.575% in a week (0% probabilities). VIXM(-29%) VXX(-26%) UUP(-20%) TBT(-4%) GLD(-2%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.3% |
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