| XHB latest price $62.0300 (2.07%) ($60.3300 - $62.3600) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.35% (three month average) |
| RSI | 70 |
| Latest Price | $62.0300(2.07%) |
| 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 advances 2.9% 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(82%) XRT(80%) XLB(79%) XLY(78%) |
| Factors Impacting XHB price | XHB will decline at least -1.175% in a week (0% probabilities).
VIXM(-51%) UUP(-40%) TBT(-35%) VXX(-13%) EDOC(-8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.175% (StdDev 2.35%) |
| Hourly BBV | 2.5 () |
| Intraday Trend | 1.6% |
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