| XLK latest price $130.1200 (0.74%) ($127.7800 - $130.7100) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.14% (three month average) |
| RSI | 57 |
| Latest Price | $130.1200(0.74%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.4% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.1% a week on average for past two weeks. |
| Market Behavior | Value stock 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(96%) IWF(95%) VUG(95%) IVW(92%) SPY(87%) |
| Factors Impacting XLK price | XLK will decline at least -1.07% in a week (0% probabilities).
VIXM(-52%) UUP(-21%) EDOC(-19%) VXX(-18%) TBT(-9%) |
| 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 | -1.07% (StdDev 2.14%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.6% |
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