| XLK latest price $120.8000 (-4.26%) ($120.1200 - $123.3900) on Fri. Oct. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.8% (three month average) |
| RSI | 34 |
| Latest Price | $120.8000(-4.26%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLK declines -0.7% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(97%) VT(87%) XLC(81%) XLY(79%) XLI(69%) |
| Factors Impacting XLK price | XLK will decline at least -0.9% in a week (0% probabilities).
VIXM(-50%) UUP(-36%) VXX(-16%) TBT(-14%) EDOC(5%) |
| 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 | -0.9% (StdDev 1.8%) |
| Hourly BBV | -1.6 () |
| Intraday Trend | -2.1% |
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