| XLB latest price $78.1300 (-0.83%) ($77.6900 - $78.7900) on Tue. Mar. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.27% (three month average) |
| RSI | 56 |
| Latest Price | $78.1300(-0.83%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2.3% a week on average for past two weeks. |
| Market Behavior | Value stocks 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(85%) XLF(82%) VFMO(76%) |
| Factors Impacting XLB price | XLB will decline at least -0.635% in a week (0% probabilities).
VIXM(-61%) UUP(-43%) VXX(-24%) IGOV(-3%) TBT(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.635% (StdDev 1.27%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | -0.7% |
| | |
| |
|