| XLK latest price $126.9900 (0.33%) ($124.1300 - $127.9100) on Wed. Oct. 5, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 43 |
| Latest Price | $126.9900(0.33%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLK declines -2% 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(87%) XLC(81%) XLY(79%) XLI(69%) |
| Factors Impacting XLK price | XLK will decline at least -0.875% in a week (0% probabilities).
VIXM(-50%) UUP(-36%) VXX(-16%) TBT(-15%) EDOC(5%) |
| 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 | -0.875% (StdDev 1.75%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1.7% |
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