| XLK latest price $28.2600 (0.53%) ($27.8900 - $28.3700) on Tue. Nov. 6, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.03% (three month average) |
RSI | 58 |
Latest Price | $28.2600(0.53%) |
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 1.2% 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(90%) XLY(85%) IWM(79%) EEM(75%) |
Factors Impacting XLK price | XLK will decline at least -0.515% in a week (0% probabilities). TLT(-29%) SHY(-20%) TIP(-11%) GLD(3%) LQD(17%) |
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 | -0.515% (StdDev 1.03%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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