| XLB latest price $77.5000 (-0.81%) ($76.9350 - $77.8200) on Mon. Aug. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 70 |
Latest Price | $77.5000(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLB advances 3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability) VT(88%) XLI(88%) VYM(87%) XLF(83%) XHB(79%) |
Factors Impacting XLB price | XLB will decline at least -0.855% in a week (0% probabilities). VIXM(-56%) UUP(-44%) VXX(-19%) TBT(-14%) EDOC(1%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.3% |
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