| XLK latest price $19.3200 (0.47%) ($19.2600 - $19.4900) on Mon. Sep. 13, 2004. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.17% (three month average) |
| RSI | 61 |
| Latest Price | $19.3200(0.47%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLK advances 0.5% 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(15%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.585% (StdDev 1.17%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0% |
| | |
| |
|