| XLK latest price $140.0300 (-0.3%) ($138.9900 - $142.9150) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.26% (three month average) |
| RSI | 60 |
| Latest Price | $140.0300(-0.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1.6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(89%) XLC(84%) XLY(83%) XLI(75%) |
| Factors Impacting XLK price | XLK will decline at least -1.13% in a week (0% probabilities).
VIXM(-57%) UUP(-38%) VXX(-15%) TBT(-12%) USO(13%) |
| 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 | -1.13% (StdDev 2.26%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | -0.6% |
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