| XLK latest price $124.3400 (2.68%) ($120.3900 - $124.6000) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.87% (three month average) |
| RSI | 53 |
| Latest Price | $124.3400(2.68%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 1.3% a day on average for past five trading days. |
| Weekly Trend | XLK declines -1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
VUG(96%) VT(86%) XLC(80%) XLY(79%) XLI(67%) |
| Factors Impacting XLK price | XLK will decline at least -0.935% in a week (0% probabilities).
VIXM(-49%) UUP(-35%) VXX(-16%) TBT(-12%) EDOC(-4%) |
| 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 | -0.935% (StdDev 1.87%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 2.9% |
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