| XLK latest price $140.8100 (0.48%) ($140.6950 - $142.7200) on Mon. Mar. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.54% (three month average) |
| RSI | 43 |
| Latest Price | $140.8100(0.48%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.6% a day on average for past five trading days. |
| Weekly Trend | XLK declines -1.4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(94%) VUG(94%) IVW(91%) SPY(85%) |
| Factors Impacting XLK price | XLK will decline at least -0.77% in a week (0% probabilities).
VIXM(-51%) VXX(-18%) UUP(-16%) SHY(-10%) TBT(-7%) |
| 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 | -0.77% (StdDev 1.54%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -0.2% |
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