| XLK latest price $130.1200 (0.86%) ($128.6500 - $131.1650) on Wed. Jul. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.32% (three month average) |
| RSI | 58 |
| Latest Price | $130.1200(0.86%) |
| 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 0.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock 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 -1.16% in a week (0% probabilities).
VIXM(-54%) UUP(-38%) VXX(-15%) TBT(-13%) EDOC(3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.16% (StdDev 2.32%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0.6% |
| | |
| |
|