| XLK latest price $134.2100 (-0.84%) ($132.6400 - $136.8000) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.17% (three month average) |
| RSI | 49 |
| Latest Price | $134.2100(-0.84%) |
| 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 0.2% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off 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(96%) VT(83%) XLC(76%) XLY(76%) VFMO(65%) |
| Factors Impacting XLK price | XLK will decline at least -1.085% in a week (0% probabilities).
VIXM(-52%) UUP(-23%) VXX(-17%) EDOC(-12%) TBT(-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 | -1.085% (StdDev 2.17%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.7% |
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