| XLK latest price $184.4000 (-0.01%) ($183.8200 - $185.4650) on Mon. Nov. 27, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.07% (three month average) |
| RSI | 80 |
| Latest Price | $184.4000(-0.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(92%) VUG(91%) IVE(80%) EWY(77%) FIVG(74%) |
| Factors Impacting XLK price | XLK will decline at least -0.535% in a week (0% probabilities).
VIXM(-51%) EDOC(-28%) UUP(-14%) GLD(-12%) BNDX(-6%) |
| 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 | -0.535% (StdDev 1.07%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
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