| XLK latest price $121.1000 (0.06%) ($120.5000 - $123.7300) on Thu. Oct. 20, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.85% (three month average) |
| RSI | 55 |
| Latest Price | $121.1000(0.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK declines -1.5% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(96%) VT(86%) XLC(80%) XLY(79%) XLI(67%) |
| Factors Impacting XLK price | XLK will decline at least -0.925% in a week (0% probabilities).
VIXM(-49%) UUP(-35%) VXX(-16%) EDOC(-13%) TBT(-12%) |
| 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 | -0.925% (StdDev 1.85%) |
| Hourly BBV | -0.4 () |
| Intraday Trend | 0% |
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