| XLB latest price $84.4500 (1.48%) ($82.6400 - $84.5050) on Mon. Jan. 31, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.02% (three month average) |
| RSI | 33 |
| Latest Price | $84.4500(1.48%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLB declines -3.4% 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(89%) VT(88%) VYM(88%) XLF(85%) VFMO(80%) |
| Factors Impacting XLB price | XLB will decline at least -0.51% in a week (0% probabilities).
VIXM(-63%) UUP(-45%) VXX(-21%) TBT(-8%) EDOC(5%) |
| 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 | 1.4 () |
| Intraday Trend | 2% |
| | |
| |
|