| XHB latest price $63.1600 (0.43%) ($61.5100 - $63.1850) on Tue. Jun. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 52 |
Latest Price | $63.1600(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.2% 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) VT(82%) XLI(81%) XRT(81%) XLY(79%) XLB(78%) |
Factors Impacting XHB price | XHB will decline at least -1.145% in a week (0% probabilities). VIXM(-54%) UUP(-37%) TBT(-34%) VXX(-14%) USO(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.145% (StdDev 2.29%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.9% |
| |
|
|