| XLB latest price $61.7600 (1.46%) ($61.2700 - $62.4100) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.76% (three month average) |
| RSI | 57 |
| Latest Price | $61.7600(1.46%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLB declines -0.4% 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(84%) XLF(80%) PAVE(73%) |
| Factors Impacting XLB price | XLB will decline at least -0.88% in a week (0% probabilities).
VIXM(-59%) UUP(-41%) VXX(-26%) IGOV(-7%) TLT(-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 | -0.88% (StdDev 1.76%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.5% |
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