| XLK latest price $186.6600 (0.85%) ($184.4500 - $186.8100) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 63 |
Latest Price | $186.6600(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
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) IWF(92%) VUG(90%) EWY(76%) IVE(75%) FIVG(73%) |
Factors Impacting XLK price | XLK will decline at least -0.525% in a week (0% probabilities). VIXM(-68%) UUP(-15%) VXX(-54%) JETS(-20%) ACES(-12%) |
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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.1% |
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