| XLK latest price $168.2200 (1.87%) ($163.5200 - $168.9410) on Fri. Oct. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.11% (three month average) |
| RSI | 44 |
| Latest Price | $168.2200(1.87%) |
| 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 declines -0.3% 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)
IWF(95%) QQQ(95%) VUG(95%) IVW(92%) SMH(86%) |
| Factors Impacting XLK price | XLK will decline at least -0.555% in a week (0% probabilities).
VXX(-59%) VIXM(-57%) GLD(-27%) TBT(-20%) UUP(-17%) |
| 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 | -0.555% (StdDev 1.11%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 2.6% |
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