| XLK latest price $17.1600 (-3.38%) ($16.9300 - $18.4500) on Tue. Oct. 14, 2008. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.74% (three month average) |
| RSI | 34 |
| Latest Price | $17.1600(-3.38%) |
| 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 declines -9% 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(78%) VWO(76%) |
| Factors Impacting XLK price | XLK will decline at least -1.37% in a week (0% probabilities).
TLT(-28%) SHY(-14%) TIP(-7%) GLD(6%) LQD(17%) |
| 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 | -1.37% (StdDev 2.74%) |
| Hourly BBV | 0 () |
| Intraday Trend | -6.7% |
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