| XLK latest price $23.7300 (0.38%) ($23.5200 - $23.8300) on Fri. Aug. 15, 2008. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.3% (three month average) |
| RSI | 82 |
| Latest Price | $23.7300(0.38%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLK advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLK advances 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(93%) SPY(90%) XLY(86%) IWM(79%) VWO(76%) |
| Factors Impacting XLK price | XLK will decline at least -0.65% in a week (0% probabilities).
TLT(-29%) SHY(-16%) TIP(-8%) GLD(4%) LQD(19%) |
| 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 | -0.65% (StdDev 1.3%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
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