| XLK latest price $147.3600 (0.46%) ($145.7000 - $147.4300) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.17% (three month average) |
| RSI | 74 |
| Latest Price | $147.3600(0.46%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLK advances 3.7% 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 -1.085% in a week (0% probabilities).
VIXM(-54%) UUP(-39%) VXX(-15%) TBT(-14%) 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 | -1.085% (StdDev 2.17%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0.5% |
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