| XLK latest price $127.8700 (-1.32%) ($127.1100 - $128.6400) on Mon. Oct. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 69 |
Latest Price | $127.8700(-1.32%) |
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 advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability) VUG(96%) VT(85%) XLC(80%) XLY(78%) XLI(66%) |
Factors Impacting XLK price | XLK will decline at least -0.945% in a week (0% probabilities). VIXM(-48%) UUP(-33%) VXX(-16%) TBT(-14%) USO(10%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.3% |
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