| XLB latest price $82.0800 (2.27%) ($80.6750 - $82.1000) on Tue. Nov. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.88% (three month average) |
| RSI | 82 |
| Latest Price | $82.0800(2.27%) |
| 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 3.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(85%) VT(84%) VYM(84%) XLF(79%) VFMO(74%) |
| Factors Impacting XLB price | XLB will decline at least -0.94% in a week (0% probabilities).
VIXM(-55%) UUP(-27%) VXX(-22%) TBT(-7%) CEMB(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.94% (StdDev 1.88%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 1.5% |
| | |
| |
|