| XHB latest price $82.4100 (1.07%) ($81.8500 - $82.4400) on Fri. Nov. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 85 |
Latest Price | $82.4100(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 1.2% a day on average for past five trading days. |
Weekly Trend | XHB advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability) PAVE(90%) IWM(88%) IWN(88%) TAN(88%) XLRE(88%) |
Factors Impacting XHB price | XHB will decline at least -0.83% in a week (0% probabilities). TBT(-51%) UUP(-20%) VXX(-11%) GLD(8%) VIXM(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.83% (StdDev 1.66%) |
Hourly BBV | 1 () |
Intraday Trend | 0.5% |
| |
|
|