| XLB latest price $87.8700 (0.99%) ($86.6500 - $88.0400) on Fri. May. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.09% (three month average) |
| RSI | 71 |
| Latest Price | $87.8700(0.99%) |
| 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 2.4% 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 -0.545% in a week (0% probabilities).
VIXM(-62%) UUP(-43%) VXX(-24%) TBT(-2%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.545% (StdDev 1.09%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 1% |
| | |
| |
|