| XLB latest price $85.5750 (0.59%) ($85.3300 - $85.7650) on Fri. Dec. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.03% (three month average) |
| RSI | 66 |
| Latest Price | $85.5750(0.59%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(99%) LIT(98%) TLT(98%) ICLN(97%) DRIV(97%) |
| Factors Impacting XLB price | XLB will decline at least -0.515% in a week (0% probabilities).
VIXM(-64%) VXX(-62%) TBT(-25%) UUP(-4%) BNDX(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.515% (StdDev 1.03%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
| | |
| |
|