| XHB latest price $74.0600 (2.9%) ($72.0400 - $74.1200) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.41% (three month average) |
| RSI | 61 |
| Latest Price | $74.0600(2.9%) |
| 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 0.1% a week on average for past two weeks. |
| Market Behavior | Value stock 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(87%) IWM(85%) IWO(84%) IWN(82%) IFRA(79%) |
| Factors Impacting XHB price | XHB will decline at least -0.705% in a week (0% probabilities).
VXX(-50%) TBT(-45%) VIXM(-44%) UUP(-24%) EDOC(-14%) |
| 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 | -0.705% (StdDev 1.41%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 2.8% |
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