| XLK latest price $26.0000 (1.76%) ($25.7800 - $26.0400) on Fri. Oct. 14, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 65 |
Latest Price | $26.0000(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 1.4% a day on average for past five trading days. |
Weekly Trend | XLK advances 2.8% 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(88%) XLY(85%) IWM(74%) VWO(70%) |
Factors Impacting XLK price | XLK will decline at least -1.005% in a week (0% probabilities). TLT(-23%) SHY(-5%) TIP(-1%) IGOV(-1%) GLD(6%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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