| XLK latest price $182.8000 (-0.21%) ($182.0100 - $183.5000) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.13% (three month average) |
| RSI | 92 |
| Latest Price | $182.8000(-0.21%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
IWF(94%) VUG(93%) IVE(80%) FIVG(78%) VT(73%) |
| Factors Impacting XLK price | XLK will decline at least -0.565% in a week (0% probabilities).
VXX(-39%) VIXM(-25%) GLD(-23%) UUP(-18%) TBT(-12%) |
| 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 | -0.565% (StdDev 1.13%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0% |
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