| XLB latest price $58.1300 (2.27%) ($57.4800 - $58.5500) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.03% (three month average) |
| RSI | 89 |
| Latest Price | $58.1300(2.27%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | XLB advances 4.7% a week on average for past two weeks. |
| Market Behavior | Value stock 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(88%) VYM(87%) VT(84%) XLF(80%) PAVE(75%) |
| Factors Impacting XLB price | XLB will decline at least -2.015% in a week (0% probabilities).
VIXM(-61%) UUP(-41%) VXX(-27%) TLT(-6%) XLC(5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -2.015% (StdDev 4.03%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1% |
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