| XLK latest price $21.6700 (0.56%) ($21.5600 - $21.7200) on Wed. Sep. 8, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 48 |
Latest Price | $21.6700(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLK advances 0.7% 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(91%) SPY(89%) XLY(86%) IWM(75%) VWO(71%) |
Factors Impacting XLK price | XLK will decline at least -0.645% in a week (0% probabilities). TLT(-26%) SHY(-7%) TIP(-4%) IGOV(1%) GLD(4%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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