| XLB latest price $62.7400 (-1.41%) ($62.5300 - $64.2400) on Thu. Oct. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 41 |
Latest Price | $62.7400(-1.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLB declines -2.3% 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 -0.68% in a week (0% probabilities). VIXM(-60%) UUP(-42%) VXX(-26%) EDOC(-7%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | -2 () |
Intraday Trend | -1.9% |
| |
|
|