| XHB latest price $70.3000 (-0.42%) ($69.1200 - $70.5300) on Tue. May. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 71 |
Latest Price | $70.3000(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.5% a day on average for past five trading days. |
Weekly Trend | XHB advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability) PAVE(86%) IWM(83%) IWO(82%) IWN(80%) XLI(78%) |
Factors Impacting XHB price | XHB will decline at least -0.69% in a week (0% probabilities). VXX(-53%) VIXM(-46%) TBT(-39%) UUP(-22%) BNDX(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.2% |
| |
|
|