| XLK latest price $133.6200 (1.17%) ($131.1100 - $134.6100) on Wed. May. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 39 |
Latest Price | $133.6200(1.17%) |
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 declines -1.8% 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) VUG(97%) VT(90%) XLC(84%) XLY(84%) XLI(75%) |
Factors Impacting XLK price | XLK will decline at least -1.12% in a week (0% probabilities). VIXM(-57%) UUP(-38%) VXX(-15%) TBT(-10%) TLT(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.8% |
| |
|
|