| XLK latest price $26.0000 (0.7%) ($25.8900 - $26.0600) on Tue. Jul. 3, 2007. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.65% (three month average) |
| RSI | 65 |
| Latest Price | $26.0000(0.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLK advances 0.1% 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(85%) IWM(79%) EEM(75%) |
| Factors Impacting XLK price | XLK will decline at least -0.325% in a week (0% probabilities).
TLT(-30%) SHY(-21%) TIP(-11%) GLD(3%) LQD(16%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.325% (StdDev 0.65%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.4% |
| | |
| |
|