| XLB latest price $70.3700 (1.97%) ($69.5800 - $70.4550) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.6% (three month average) |
| RSI | 69 |
| Latest Price | $70.3700(1.97%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLB advances 4.4% 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(85%) XLF(81%) XHB(73%) |
| Factors Impacting XLB price | XLB will decline at least -0.8% in a week (0% probabilities).
VIXM(-60%) UUP(-42%) VXX(-25%) EDOC(-9%) 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 | -0.8% (StdDev 1.6%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0.4% |
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