| XLB latest price $61.5000 (-0.42%) ($61.2610 - $61.8400) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 52 |
| Latest Price | $61.5000(-0.42%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB declines -0.3% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(88%) VYM(86%) VT(84%) XLF(81%) PAVE(73%) |
| Factors Impacting XLB price | XLB will decline at least -0.875% in a week (0% probabilities).
VIXM(-59%) UUP(-41%) VXX(-25%) 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 | -0.875% (StdDev 1.75%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | -0.3% |
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