| XLB latest price $89.3300 (0.46%) ($88.5900 - $89.3300) on Tue. Nov. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.94% (three month average) |
| RSI | 73 |
| Latest Price | $89.3300(0.46%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.7% a week on average for past two weeks. |
| Market Behavior | Growth stock 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 -0.47% in a week (0% probabilities).
VIXM(-63%) UUP(-44%) VXX(-22%) TBT(-5%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.47% (StdDev 0.94%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.4% |
| | |
| |
|