| XLB latest price $78.6900 (0.27%) ($78.2600 - $78.7400) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 61 |
Latest Price | $78.6900(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLB advances 1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(86%) XLF(82%) XHB(76%) |
Factors Impacting XLB price | XLB will decline at least -0.64% in a week (0% probabilities). VIXM(-61%) UUP(-43%) VXX(-25%) IGOV(-3%) TBT(-2%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.3% |
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