| XLK latest price $128.5800 (-3%) ($128.5200 - $133.9900) on Tue. Jun. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 33 |
Latest Price | $128.5800(-3%) |
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 -1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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) VUG(97%) VT(88%) XLC(82%) XLY(82%) XLI(72%) |
Factors Impacting XLK price | XLK will decline at least -1.165% in a week (0% probabilities). VIXM(-54%) UUP(-38%) VXX(-15%) TBT(-11%) EDOC(6%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | -2.2 () |
Intraday Trend | -3.1% |
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