| XLK latest price $124.1800 (-1.14%) ($123.8900 - $126.8500) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 56 |
Latest Price | $124.1800(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLK advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(96%) VT(86%) XLC(79%) XLY(78%) XHB(65%) |
Factors Impacting XLK price | XLK will decline at least -0.91% in a week (0% probabilities). VIXM(-48%) UUP(-33%) VXX(-16%) TBT(-13%) USO(10%) |
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 | -0.91% (StdDev 1.82%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.5% |
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