| XLK latest price $18.9400 (1.18%) ($18.6400 - $18.9400) on Thu. Sep. 2, 2004. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.17% (three month average) |
| RSI | 75 |
| Latest Price | $18.9400(1.18%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK advances 1% 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)
QQQ(92%) SPY(89%) XLY(84%) IWM(78%) EEM(74%) |
| Factors Impacting XLK price | XLK will decline at least -0.585% in a week (0% probabilities).
TLT(-28%) SHY(-19%) TIP(-11%) REMX(-1%) LQD(16%) |
| 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 | -0.585% (StdDev 1.17%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.6% |
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