| XHB latest price $58.2700 (2.23%) ($56.6700 - $58.6800) on Wed. Jan. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 54 |
Latest Price | $58.2700(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.1% a day on average for past five trading days. |
Weekly Trend | XHB declines -1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability) XLI(80%) VT(79%) XLY(76%) XLB(75%) VUG(73%) |
Factors Impacting XHB price | XHB will decline at least -0.775% in a week (0% probabilities). VIXM(-58%) UUP(-33%) VXX(-21%) TBT(-19%) IGOV(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.8% |
| |
|
|