| XLB latest price $64.7600 (2.81%) ($62.7400 - $64.8300) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.57% (three month average) |
| RSI | 65 |
| Latest Price | $64.7600(2.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLB advances 0.9% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(87%) VT(84%) XLF(81%) PAVE(73%) |
| Factors Impacting XLB price | XLB will decline at least -0.785% in a week (0% probabilities).
VIXM(-59%) UUP(-42%) VXX(-25%) EDOC(-4%) 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 | -0.785% (StdDev 1.57%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 2.8% |
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