| XLB latest price $65.3400 (2.57%) ($64.4100 - $65.5100) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 42 |
Latest Price | $65.3400(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
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(87%) VT(84%) XLF(81%) PAVE(73%) |
Factors Impacting XLB price | XLB will decline at least -0.695% in a week (0% probabilities). VIXM(-60%) UUP(-42%) VXX(-25%) EDOC(-7%) IGOV(-6%) |
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 | -0.695% (StdDev 1.39%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.3% |
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