| XLK latest price $191.2100 (0.88%) ($189.5400 - $191.6700) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.03% (three month average) |
| RSI | 70 |
| Latest Price | $191.2100(0.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1% 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(93%) VUG(91%) FIVG(77%) EWY(76%) IVE(76%) |
| Factors Impacting XLK price | XLK will decline at least -0.515% in a week (0% probabilities).
ACES(-13%) URA(2%) EDOC(-37%) UUP(-15%) BNDX(-8%) |
| 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 | -0.515% (StdDev 1.03%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0.6% |
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