| XLK latest price $25.3100 (0.52%) ($25.1200 - $25.3200) on Fri. May. 18, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.84% (three month average) |
RSI | 77 |
Latest Price | $25.3100(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.9% 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%) EEM(75%) |
Factors Impacting XLK price | XLK will decline at least -0.42% in a week (0% probabilities). TLT(-29%) SHY(-21%) TIP(-11%) GLD(3%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.42% (StdDev 0.84%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|