| XLK latest price $129.3900 (-1.29%) ($129.3100 - $132.5200) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.07% (three month average) |
| RSI | 60 |
| Latest Price | $129.3900(-1.29%) |
| 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 2.8% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
QQQ(96%) IWF(95%) VUG(95%) IVW(91%) SPY(87%) |
| Factors Impacting XLK price | XLK will decline at least -1.035% in a week (0% probabilities).
VIXM(-52%) VXX(-18%) UUP(-17%) TBT(-9%) SHY(-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 | -1.035% (StdDev 2.07%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -1.8% |
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