| XHB latest price $75.5200 (2.94%) ($73.8600 - $75.9400) on Thu. Jul. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 58 |
Latest Price | $75.5200(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.8% a day on average for past five trading days. |
Weekly Trend | XHB advances 1.4% 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 XHB advance at 0% a week (0% probability) XRT(82%) XLI(81%) VT(80%) XLY(78%) VUG(76%) |
Factors Impacting XHB price | XHB will decline at least -0.745% in a week (0% probabilities). VIXM(-58%) UUP(-34%) TBT(-21%) VXX(-18%) EDOC(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.2% |
| |
|
|