| XL latest price $20.2200 (6.53%) ($18.5200 - $21.0800) on Mon. Feb. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.93% (three month average) |
RSI | 49 |
Latest Price | $20.2200(6.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | XL advances 0.3% a day on average for past five trading days. |
Weekly Trend | XL declines -3.2% 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 XL advance at 0% a week (0% probability) ACES(62%) ARKK(61%) ARKG(60%) IBUY(59%) IWO(59%) |
Factors Impacting XL price | XL will decline at least -8.965% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-17%) TLT(-12%) BNDX(-8%) |
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 | -8.965% (StdDev 17.93%) |
Hourly BBV | 2.8 () |
Intraday Trend | 5.9% |
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