| XHB latest price $82.0700 (2.37%) ($79.7800 - $82.1000) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.3% (three month average) |
| RSI | 41 |
| Latest Price | $82.0700(2.37%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XHB advances 0.7% 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 | 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(89%) IWM(87%) IWN(85%) IWO(85%) IFRA(82%) |
| Factors Impacting XHB price | XHB will decline at least -0.65% in a week (0% probabilities).
TBT(-55%) VXX(-51%) VIXM(-43%) UUP(-27%) USO(-3%) |
| 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 | -0.65% (StdDev 1.3%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 2.7% |
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