| XLB latest price $57.7075 (1.11%) ($57.1416 - $57.7368) on Tue. Nov. 28, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.55% (three month average) |
RSI | 54 |
Latest Price | $57.7075(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLB advances 0.3% 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 XLB advance at 0% a week (0% probability) XLI(90%) VT(89%) VYM(89%) XLF(85%) IWD(84%) |
Factors Impacting XLB price | XLB will decline at least -0.275% in a week (0% probabilities). VIXM(-23%) TLT(-22%) UUP(-18%) SHY(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.275% (StdDev 0.55%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|