| XLK latest price $158.3500 (-0.28%) ($157.6600 - $159.1700) on Wed. Oct. 20, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.95% (three month average) |
| RSI | 70 |
| Latest Price | $158.3500(-0.28%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLK advances 2.4% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(90%) XLY(85%) XLC(83%) IVW(80%) |
| Factors Impacting XLK price | XLK will decline at least -0.475% in a week (0% probabilities).
VIXM(-65%) UUP(-35%) VXX(-20%) TBT(-6%) IGOV(-0%) |
| 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 | -0.475% (StdDev 0.95%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | -0.4% |
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