| XLK latest price $151.8300 (1.22%) ($150.3600 - $152.1800) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.22% (three month average) |
| RSI | 58 |
| Latest Price | $151.8300(1.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.2% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Growth stock 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(92%) SPY(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.61% in a week (0% probabilities).
VXX(-59%) VIXM(-54%) UUP(-19%) TBT(-16%) GLD(-3%) |
| 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 | -0.61% (StdDev 1.22%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0.3% |
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