| XLB latest price $58.0123 (-0.3%) ($57.5399 - $58.1107) on Tue. May. 15, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 65 |
| Latest Price | $58.0123(-0.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(90%) VYM(89%) VT(88%) XLF(85%) IWD(84%) |
| Factors Impacting XLB price | XLB will decline at least -0.6% in a week (0% probabilities).
TLT(-23%) VIXM(-19%) UUP(-18%) IGOV(-4%) SHY(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.6% (StdDev 1.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
| | |
| |
|