| XLK latest price $142.8100 (1.73%) ($140.8400 - $143.1210) on Mon. Feb. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.64% (three month average) |
| RSI | 67 |
| Latest Price | $142.8100(1.73%) |
| 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 2.4% a week on average for past two weeks. |
| 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)
QQQ(95%) VUG(95%) IWF(94%) IVW(91%) SPY(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.82% in a week (0% probabilities).
VIXM(-54%) VXX(-19%) UUP(-17%) TBT(-10%) SHY(-7%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.82% (StdDev 1.64%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.3% |
| | |
| |
|