| XLB latest price $80.3700 (3.44%) ($78.4200 - $80.5500) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.71% (three month average) |
| RSI | 42 |
| Latest Price | $80.3700(3.44%) |
| 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 declines -0.4% 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(84%) VT(83%) VYM(83%) XLF(78%) XHB(75%) |
| Factors Impacting XLB price | XLB will decline at least -0.855% in a week (0% probabilities).
VIXM(-54%) UUP(-25%) VXX(-22%) CEMB(-10%) BWX(-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 | -0.855% (StdDev 1.71%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 2.5% |
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