| XLB latest price $74.5000 (-2.31%) ($74.2000 - $76.2400) on Thu. Feb. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 66 |
| Latest Price | $74.5000(-2.31%) |
| 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 1.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(88%) VYM(87%) VT(86%) XLF(82%) XHB(76%) |
| Factors Impacting XLB price | XLB will decline at least -0.6% in a week (0% probabilities).
VIXM(-61%) UUP(-43%) VXX(-25%) IGOV(-2%) TBT(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.6% (StdDev 1.2%) |
| Hourly BBV | -1.7 () |
| Intraday Trend | -2.1% |
| | |
| |
|