| XLB latest price $57.3500 (1.94%) ($56.8600 - $57.8700) on Fri. Oct. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 43 |
Latest Price | $57.3500(1.94%) |
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 declines -1.5% 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(91%) VYM(90%) VT(89%) XLF(87%) IWD(84%) |
Factors Impacting XLB price | XLB will decline at least -0.555% in a week (0% probabilities). VIXM(-64%) VXX(-32%) UUP(-22%) TLT(-21%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|