| XLK latest price $128.8400 (0.2%) ($127.3800 - $129.6100) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.31% (three month average) |
| RSI | 35 |
| Latest Price | $128.8400(0.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLK declines -0.3% a week on average for past two weeks. |
| Market Behavior | Normal 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 -1.155% 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 | -1.155% (StdDev 2.31%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | 0.3% |
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