| XLB latest price $60.8700 (0.59%) ($60.5200 - $60.9700) on Thu. Jan. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.63% (three month average) |
| RSI | 43 |
| Latest Price | $60.8700(0.59%) |
| 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 -0.6% 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 -0.315% in a week (0% probabilities).
VIXM(-64%) VXX(-31%) UUP(-23%) TLT(-20%) IGOV(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.315% (StdDev 0.63%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0.2% |
| | |
| |
|