| XLB latest price $81.1400 (-0.14%) ($80.9000 - $82.2550) on Mon. Nov. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 73 |
Latest Price | $81.1400(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 1.3% a day on average for past five trading days. |
Weekly Trend | XLB advances 3.6% 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) VT(86%) XLI(86%) VYM(85%) XLF(81%) XHB(76%) |
Factors Impacting XLB price | XLB will decline at least -0.945% in a week (0% probabilities). VIXM(-53%) UUP(-33%) VXX(-21%) TBT(-12%) BNDX(9%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.2% |
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