| XLK latest price $22.0400 (-0.63%) ($22.0100 - $22.3000) on Thu. Mar. 16, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 58 |
Latest Price | $22.0400(-0.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.4% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.2% 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(85%) IWM(79%) VWO(75%) |
Factors Impacting XLK price | XLK will decline at least -0.45% in a week (0% probabilities). TLT(-29%) SHY(-19%) TIP(-11%) REMX(-1%) GLD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.45% (StdDev 0.9%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|