| XLB latest price $57.9900 (1.74%) ($57.0900 - $58.0400) on Fri. Jul. 10, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.06% (three month average) |
| RSI | 59 |
| Latest Price | $57.9900(1.74%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(88%) VYM(86%) VT(83%) XLF(80%) PAVE(73%) |
| Factors Impacting XLB price | XLB will decline at least -1.03% in a week (0% probabilities).
VIXM(-58%) UUP(-41%) VXX(-25%) TLT(-3%) XLC(2%) |
| 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 | -1.03% (StdDev 2.06%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 1.5% |
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