| XLB latest price $65.2800 (3.32%) ($63.9600 - $65.5100) on Mon. Nov. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 47 |
Latest Price | $65.2800(3.32%) |
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 -1.9% a week on average for past two weeks. |
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(72%) |
Factors Impacting XLB price | XLB will decline at least -0.715% in a week (0% probabilities). VIXM(-60%) UUP(-42%) VXX(-25%) EDOC(-8%) TLT(-2%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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