| XLK latest price $19.6500 (-0.61%) ($19.3600 - $19.6800) on Fri. Jul. 24, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 79 |
Latest Price | $19.6500(-0.61%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.7% a day on average for past five trading days. |
Weekly Trend | XLK advances 5.5% 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(76%) VWO(72%) |
Factors Impacting XLK price | XLK will decline at least -0.685% in a week (0% probabilities). TLT(-28%) SHY(-10%) TIP(-5%) IGOV(3%) GLD(5%) |
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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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