| XLB latest price $85.9500 (1.32%) ($85.1700 - $86.2000) on Fri. Aug. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 60 |
Latest Price | $85.9500(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLB declines -0.3% 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%) VT(87%) VYM(87%) XLF(83%) VFMO(78%) |
Factors Impacting XLB price | XLB will decline at least -0.48% in a week (0% probabilities). VIXM(-63%) UUP(-44%) VXX(-23%) TBT(-4%) IGOV(-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 | -0.48% (StdDev 0.96%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
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