| XLK latest price $134.3800 (0.89%) ($132.8200 - $134.7800) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.2% (three month average) |
| RSI | 76 |
| Latest Price | $134.3800(0.89%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(96%) VT(84%) XLC(77%) XLY(77%) VFMO(64%) |
| Factors Impacting XLK price | XLK will decline at least -1.1% in a week (0% probabilities).
VIXM(-52%) UUP(-25%) VXX(-17%) EDOC(-12%) TBT(-10%) |
| 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 | -1.1% (StdDev 2.2%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 1.1% |
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