| XLB latest price $66.8700 (0.74%) ($65.3300 - $67.0100) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.25% (three month average) |
| RSI | 64 |
| Latest Price | $66.8700(0.74%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.625% in a week (0% probabilities).
VIXM(-60%) UUP(-42%) VXX(-26%) IGOV(-5%) EDOC(-5%) |
| 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 | -0.625% (StdDev 1.25%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 1.8% |
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