| XLK latest price $183.9500 (-0.81%) ($183.2750 - $184.9000) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.13% (three month average) |
| RSI | 86 |
| Latest Price | $183.9500(-0.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 3.5% a week on average for past two weeks. |
| Market Behavior | Value stocks 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(93%) VUG(92%) IVE(83%) EWY(82%) FIVG(75%) |
| Factors Impacting XLK price | XLK will decline at least -0.565% in a week (0% probabilities).
VIXM(-29%) VXX(-26%) UUP(-20%) TBT(-4%) GLD(-2%) |
| 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 () |
| Intraday Trend | -0.4% |
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