| XLK latest price $139.4000 (1.6%) ($138.0300 - $139.4600) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.78% (three month average) |
| RSI | 39 |
| Latest Price | $139.4000(1.6%) |
| 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 declines -2.7% 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(87%) XLC(82%) XLY(80%) XLI(70%) |
| Factors Impacting XLK price | XLK will decline at least -0.89% in a week (0% probabilities).
VIXM(-52%) UUP(-39%) VXX(-16%) TBT(-14%) EDOC(9%) |
| 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 | -0.89% (StdDev 1.78%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 1% |
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