| XLB latest price $85.3100 (1.51%) ($84.0100 - $85.6400) on Tue. Aug. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 76 |
Latest Price | $85.3100(1.51%) |
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 1.2% 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%) VT(87%) VYM(87%) XLF(83%) VFMO(78%) |
Factors Impacting XLB price | XLB will decline at least -0.51% in a week (0% probabilities). VIXM(-63%) UUP(-43%) VXX(-23%) TBT(-4%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.51% (StdDev 1.02%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
| |
|
|