| XHB latest price $67.5200 (0.51%) ($67.1100 - $67.9700) on Tue. Feb. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 37 |
| Latest Price | $67.5200(0.51%) |
| 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 declines -1.8% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Normal 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 -0.775% in a week (0% probabilities).
VIXM(-49%) TBT(-29%) UUP(-18%) VXX(-15%) EDOC(-15%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.775% (StdDev 1.55%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
| | |
| |
|