| XLB latest price $70.3500 (1.18%) ($69.7300 - $70.5100) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 64 |
Latest Price | $70.3500(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 1.2% a day on average for past five trading days. |
Weekly Trend | XLB advances 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -0.77% 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 | -0.77% (StdDev 1.54%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.8% |
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