| XLB latest price $80.6900 (-1.24%) ($80.4400 - $81.6200) on Tue. Sep. 28, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.98% (three month average) |
| RSI | 30 |
| Latest Price | $80.6900(-1.24%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLB declines -2.2% a week on average for past two weeks. |
| Market Behavior | Broad based 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%) VT(87%) VYM(87%) XLF(83%) VFMO(78%) |
| Factors Impacting XLB price | XLB will decline at least -0.49% in a week (0% probabilities).
VIXM(-63%) UUP(-43%) VXX(-23%) TBT(-4%) IGOV(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.49% (StdDev 0.98%) |
| Hourly BBV | -0.3 () |
| Intraday Trend | -1% |
| | |
| |
|