| XLK latest price $132.5500 (-0.67%) ($131.9500 - $134.2750) on Mon. Jun. 27, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.31% (three month average) |
| RSI | 39 |
| Latest Price | $132.5500(-0.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.2% a day on average for past five trading days. |
| Weekly Trend | XLK declines -2.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(88%) XLC(82%) XLY(82%) XLI(72%) |
| Factors Impacting XLK price | XLK will decline at least -1.155% in a week (0% probabilities).
VIXM(-54%) UUP(-38%) VXX(-15%) TBT(-11%) EDOC(6%) |
| 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 | -1.155% (StdDev 2.31%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -1% |
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