| XLB latest price $60.4500 (1.68%) ($60.0400 - $60.7000) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.96% (three month average) |
| RSI | 79 |
| Latest Price | $60.4500(1.68%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2.9% 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(88%) VYM(86%) VT(83%) XLF(80%) PAVE(73%) |
| Factors Impacting XLB price | XLB will decline at least -0.98% 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 | -0.98% (StdDev 1.96%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | -0.1% |
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