| XLK latest price $151.0100 (1.43%) ($148.5100 - $151.1450) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.39% (three month average) |
| RSI | 85 |
| Latest Price | $151.0100(1.43%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.3% 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%) IWF(94%) VUG(94%) IVW(90%) SPY(85%) |
| Factors Impacting XLK price | XLK will decline at least -0.695% in a week (0% probabilities).
VXX(-58%) VIXM(-52%) UUP(-16%) TBT(-12%) 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 | -0.695% (StdDev 1.39%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.6% |
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