| XLB latest price $71.7700 (1.1%) ($71.4350 - $72.3300) on Tue. Dec. 1, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.6% (three month average) |
| RSI | 55 |
| Latest Price | $71.7700(1.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.6% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock 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(82%) XHB(74%) |
| Factors Impacting XLB price | XLB will decline at least -0.8% in a week (0% probabilities).
VIXM(-60%) UUP(-42%) VXX(-25%) TLT(-1%) IGOV(0%) |
| 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 | 0.4 () |
| Intraday Trend | -0.6% |
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