| XLB latest price $82.9700 (1.82%) ($81.4100 - $83.0700) on Wed. Apr. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 72 |
Latest Price | $82.9700(1.82%) |
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 1.6% 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(86%) XLF(83%) VFMO(77%) |
Factors Impacting XLB price | XLB will decline at least -0.6% in a week (0% probabilities). VIXM(-62%) UUP(-43%) VXX(-24%) IGOV(-4%) 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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.8% |
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