| XLB latest price $60.6300 (-0.87%) ($60.5300 - $61.2900) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.88% (three month average) |
| RSI | 79 |
| Latest Price | $60.6300(-0.87%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLB advances 3.2% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(88%) VYM(86%) VT(84%) XLF(80%) PAVE(74%) |
| Factors Impacting XLB price | XLB will decline at least -0.94% in a week (0% probabilities).
VIXM(-59%) UUP(-41%) VXX(-26%) TLT(-3%) XLC(1%) |
| 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 | -0.94% (StdDev 1.88%) |
| Hourly BBV | -0.8 () |
| Intraday Trend | -0.8% |
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