| XL latest price $20.6900 (1.42%) ($19.8500 - $21.5900) on Tue. Feb. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 16.2% (three month average) |
RSI | 60 |
Latest Price | $20.6900(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | XL advances 0.6% a day on average for past five trading days. |
Weekly Trend | XL advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XL advance at 0% a week (0% probability) ACES(62%) ARKK(62%) ARKG(61%) IBUY(59%) IWO(59%) |
Factors Impacting XL price | XL will decline at least -8.1% in a week (0% probabilities). VIXM(-32%) VXX(-31%) UUP(-16%) TLT(-11%) BNDX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -8.1% (StdDev 16.2%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.4% |
| |
|
|