| XLB latest price $77.1600 (-0.49%) ($76.8850 - $77.7000) on Tue. Aug. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 67 |
Latest Price | $77.1600(-0.49%) |
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 advances 1.3% 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) VT(88%) XLI(88%) VYM(87%) XLF(83%) XHB(79%) |
Factors Impacting XLB price | XLB will decline at least -0.78% 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.7% |
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