| XLK latest price $29.9600 (0.03%) ($29.8400 - $30.0400) on Wed. Aug. 8, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 60 |
Latest Price | $29.9600(0.03%) |
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 2% 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(90%) SPY(88%) XLY(85%) IWM(73%) VWO(70%) |
Factors Impacting XLK price | XLK will decline at least -0.56% in a week (0% probabilities). TLT(-20%) SHY(-5%) IGOV(-5%) TIP(1%) GLD(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.56% (StdDev 1.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|