| XLB latest price $73.3100 (2.25%) ($71.5800 - $73.5100) on Tue. Jan. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 70 |
Latest Price | $73.3100(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLB advances 0.6% 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(82%) XHB(75%) |
Factors Impacting XLB price | XLB will decline at least -0.685% in a week (0% probabilities). VIXM(-61%) UUP(-43%) VXX(-25%) TLT(0%) TBT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.685% (StdDev 1.37%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.4% |
| |
|
|