| XLB latest price $86.2900 (-2.08%) ($86.0950 - $87.9500) on Wed. Jun. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.51% (three month average) |
| RSI | 66 |
| Latest Price | $86.2900(-2.08%) |
| 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 advances 2.5% 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(89%) VT(88%) VYM(87%) XLF(85%) VFMO(78%) |
| Factors Impacting XLB price | XLB will decline at least -0.755% in a week (0% probabilities).
VIXM(-58%) UUP(-44%) VXX(-19%) TBT(-12%) TLT(13%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.755% (StdDev 1.51%) |
| Hourly BBV | -2 () |
| Intraday Trend | -1.1% |
| | |
| |
|