| XLB latest price $71.7500 (0.06%) ($71.0700 - $72.1300) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 63 |
Latest Price | $71.7500(0.06%) |
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 advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -0.755% in a week (0% probabilities). VIXM(-60%) UUP(-42%) VXX(-25%) IGOV(-4%) TLT(-1%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.3% |
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