| XHB latest price $58.6500 (-1.68%) ($58.0600 - $59.9400) on Fri. Jan. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 47 |
Latest Price | $58.6500(-1.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.4% a day on average for past five trading days. |
Weekly Trend | XHB declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.785% 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 | -0.785% (StdDev 1.57%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.7% |
| |
|
|