| XHB latest price $65.9600 (2.57%) ($64.7200 - $65.9800) on Wed. Jan. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.24% (three month average) |
| RSI | 73 |
| Latest Price | $65.9600(2.57%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XHB advances 1.1% 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)
PAVE(86%) IWM(83%) IWO(83%) IWN(80%) XLI(80%) |
| Factors Impacting XHB price | XHB will decline at least -1.12% in a week (0% probabilities).
VIXM(-50%) TBT(-29%) UUP(-20%) VXX(-15%) EDOC(-8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.12% (StdDev 2.24%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 1.8% |
| | |
| |
|