| XHB latest price $79.3800 (1.63%) ($77.4600 - $79.4700) on Fri. May. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.57% (three month average) |
| RSI | 68 |
| Latest Price | $79.3800(1.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XHB advances 1% a day on average for past five trading days. |
| Weekly Trend | XHB advances 2.5% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability)
XLI(81%) XRT(81%) VT(80%) XLY(78%) VUG(75%) |
| Factors Impacting XHB price | XHB will decline at least -0.785% in a week (0% probabilities).
VIXM(-59%) UUP(-34%) TBT(-20%) VXX(-19%) IGOV(0%) |
| 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 | 2 () |
| Intraday Trend | 1.3% |
| | |
| |
|