| XLK latest price $31.5800 (0.48%) ($31.4800 - $31.7200) on Fri. Sep. 14, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 68 |
Latest Price | $31.5800(0.48%) |
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 1% 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 -0.49% in a week (0% probabilities). TLT(-20%) SHY(-5%) IGOV(-5%) TIP(1%) GLD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.49% (StdDev 0.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|