| XLB latest price $77.3200 (1.72%) ($76.2400 - $78.0800) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.79% (three month average) |
| RSI | 74 |
| Latest Price | $77.3200(1.72%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2.1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
VT(86%) XLI(86%) VYM(85%) XLF(80%) XHB(76%) |
| Factors Impacting XLB price | XLB will decline at least -0.895% in a week (0% probabilities).
VIXM(-53%) UUP(-35%) VXX(-21%) TBT(-10%) EDOC(8%) |
| 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 | -0.895% (StdDev 1.79%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1.1% |
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