| XLK latest price $142.8900 (-0.71%) ($141.6600 - $144.5400) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.19% (three month average) |
| RSI | 75 |
| Latest Price | $142.8900(-0.71%) |
| 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 4.1% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) XLC(82%) XLY(81%) XLI(72%) |
| Factors Impacting XLK price | XLK will decline at least -1.095% in a week (0% probabilities).
VIXM(-54%) UUP(-39%) VXX(-15%) TBT(-15%) 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 | -1.095% (StdDev 2.19%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | 0.2% |
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