| XLK latest price $21.9100 (2.24%) ($21.4000 - $21.9100) on Wed. Jun. 2, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 33 |
Latest Price | $21.9100(2.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLK declines -2.2% 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(86%) IWM(75%) VWO(72%) |
Factors Impacting XLK price | XLK will decline at least -0.67% in a week (0% probabilities). TLT(-27%) SHY(-7%) TIP(-4%) IGOV(2%) GLD(4%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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