| XL latest price $20.4600 (4.28%) ($20.2200 - $22.2200) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.01% (three month average) |
RSI | 45 |
Latest Price | $20.4600(4.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | XL advances 1.4% a day on average for past five trading days. |
Weekly Trend | XL declines -0.1% 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 -8.505% in a week (0% probabilities). VIXM(-33%) VXX(-32%) UUP(-17%) TLT(-11%) 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 | -8.505% (StdDev 17.01%) |
Hourly BBV | 0.1 () |
Intraday Trend | -3.5% |
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