| XLK latest price $21.4900 (0.47%) ($21.3400 - $21.5800) on Mon. Jul. 12, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 37 |
Latest Price | $21.4900(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 1.2% a day on average for past five trading days. |
Weekly Trend | XLK declines -1.3% 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(91%) SPY(89%) XLY(86%) IWM(75%) VWO(71%) |
Factors Impacting XLK price | XLK will decline at least -0.81% in a week (0% probabilities). TLT(-26%) SHY(-7%) TIP(-4%) IGOV(1%) GLD(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.81% (StdDev 1.62%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|