| XLK latest price $22.0500 (1.29%) ($21.8000 - $22.0600) on Fri. Jan. 16, 2004. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.19% (three month average) |
| RSI | 81 |
| Latest Price | $22.0500(1.29%) |
| 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 advances 3.2% 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(84%) IWM(79%) EEM(74%) |
| Factors Impacting XLK price | XLK will decline at least -0.595% in a week (0% probabilities).
TLT(-28%) SHY(-19%) TIP(-11%) REMX(-1%) LQD(15%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.595% (StdDev 1.19%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1% |
| | |
| |
|