| XLK latest price $42.3500 (-0.54%) ($42.0900 - $42.6300) on Mon. Aug. 3, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.88% (three month average) |
| RSI | 53 |
| Latest Price | $42.3500(-0.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLK declines -0.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLK advance at 0% a week (0% probability)
QQQ(90%) VT(90%) SPY(88%) XLY(86%) VYM(77%) |
| Factors Impacting XLK price | XLK will decline at least -0.44% in a week (0% probabilities).
VIXM(-28%) TLT(-18%) UUP(-11%) IGOV(-6%) SHY(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.44% (StdDev 0.88%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.5% |
| | |
| |
|