| XLB latest price $59.1800 (-1.22%) ($58.8300 - $59.5700) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 86 |
Latest Price | $59.1800(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.8% a day on average for past five trading days. |
Weekly Trend | XLB advances 5.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability) XLI(88%) VYM(87%) VT(84%) XLF(81%) PAVE(75%) |
Factors Impacting XLB price | XLB will decline at least -1.895% in a week (0% probabilities). VIXM(-61%) UUP(-41%) VXX(-27%) TLT(-6%) IGOV(3%) |
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 | -1.895% (StdDev 3.79%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.1% |
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