| XLB latest price $76.5100 (-0.48%) ($75.5600 - $77.0900) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 71 |
Latest Price | $76.5100(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 1.1% a day on average for past five trading days. |
Weekly Trend | XLB advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.705% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.7% |
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