| XLB latest price $67.8300 (4.08%) ($66.6200 - $68.3400) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.52% (three month average) |
| RSI | 54 |
| Latest Price | $67.8300(4.08%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.4% a day on average for past five trading days. |
| Weekly Trend | XLB advances 0.1% 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 -0.76% 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 | -0.76% (StdDev 1.52%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 1.7% |
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