| XLK latest price $151.1500 (-0.27%) ($149.7400 - $151.8600) on Tue. Aug. 16, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.97% (three month average) |
| RSI | 76 |
| Latest Price | $151.1500(-0.27%) |
| 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 2.5% a week on average for past two weeks. |
| Market Behavior | Value stock rally 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(81%) XLI(72%) |
| Factors Impacting XLK price | XLK will decline at least -0.985% in a week (0% probabilities).
VIXM(-53%) UUP(-39%) VXX(-15%) TBT(-14%) EDOC(-7%) |
| 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 | -0.985% (StdDev 1.97%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0.2% |
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