| XLK latest price $41.4000 (-0.65%) ($41.2100 - $41.6800) on Wed. Nov. 19, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.84% (three month average) |
RSI | 86 |
Latest Price | $41.4000(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLK advances 0.1% a day on average for past five trading days. |
Weekly Trend | XLK advances 1.2% 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%) VT(89%) SPY(88%) XLY(86%) IWM(73%) |
Factors Impacting XLK price | XLK will decline at least -0.42% in a week (0% probabilities). VIXM(-30%) TLT(-18%) UUP(-10%) IGOV(-6%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.42% (StdDev 0.84%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|