| XLK latest price $141.6700 (1.19%) ($138.2300 - $141.9400) on Tue. Jun. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.23% (three month average) |
| RSI | 54 |
| Latest Price | $141.6700(1.19%) |
| 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 2.9% 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(89%) XLC(83%) XLY(83%) XLI(74%) |
| Factors Impacting XLK price | XLK will decline at least -1.115% in a week (0% probabilities).
VIXM(-57%) UUP(-38%) VXX(-15%) TBT(-13%) USO(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 | -1.115% (StdDev 2.23%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 2.3% |
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