| XLK latest price $15.7300 (4.66%) ($15.2700 - $15.9400) on Mon. Dec. 8, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 59 |
Latest Price | $15.7300(4.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 2.2% a day on average for past five trading days. |
Weekly Trend | XLK advances 3.5% 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(86%) IWM(77%) VWO(73%) |
Factors Impacting XLK price | XLK will decline at least -2.21% in a week (0% probabilities). TLT(-28%) SHY(-11%) TIP(-6%) GLD(5%) 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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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