| XLK latest price $136.1500 (0.14%) ($134.4700 - $136.8000) on Thu. Dec. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 61 |
Latest Price | $136.1500(0.14%) |
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 0.4% 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(96%) VT(83%) XLC(77%) XLY(77%) VFMO(65%) |
Factors Impacting XLK price | XLK will decline at least -1.13% in a week (0% probabilities). VIXM(-53%) UUP(-25%) VXX(-17%) TBT(-11%) INDA(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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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