| XLK latest price $25.9100 (-2.08%) ($25.8900 - $26.4800) on Wed. Jun. 1, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 38 |
Latest Price | $25.9100(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLK declines -0.6% 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(88%) XLY(86%) IWM(75%) VWO(71%) |
Factors Impacting XLK price | XLK will decline at least -0.45% in a week (0% probabilities). TLT(-25%) SHY(-6%) TIP(-3%) IGOV(0%) GLD(3%) |
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 | -0.45% (StdDev 0.9%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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