| XLK latest price $168.6300 (-1.43%) ($168.0400 - $171.7100) on Fri. Oct. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.11% (three month average) |
| RSI | 59 |
| Latest Price | $168.6300(-1.43%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(95%) QQQ(95%) VUG(94%) IVW(93%) SMH(87%) |
| Factors Impacting XLK price | XLK will decline at least -0.555% in a week (0% probabilities).
VXX(-57%) VIXM(-54%) EDOC(-40%) GLD(-32%) UUP(-18%) |
| 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 | -1.4 () |
| Intraday Trend | -1.6% |
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