| XLB latest price $42.7198 (-1.14%) ($42.3126 - $42.8808) on Tue. Mar. 22, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 72 |
Latest Price | $42.7198(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLB advances 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability) VT(88%) VYM(88%) XLI(87%) IWD(84%) IVE(83%) |
Factors Impacting XLB price | XLB will decline at least -0.805% in a week (0% probabilities). VIXM(-26%) TLT(-23%) UUP(-17%) IPO(-6%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|