| XLK latest price $146.6900 (2.66%) ($143.5600 - $147.1000) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.21% (three month average) |
| RSI | 76 |
| Latest Price | $146.6900(2.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1% a day on average for past five trading days. |
| Weekly Trend | XLK advances 4% 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(88%) XLC(82%) XLY(81%) XLI(72%) |
| Factors Impacting XLK price | XLK will decline at least -1.105% 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 | -1.105% (StdDev 2.21%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 2.2% |
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