| XLB latest price $84.6500 (2.2%) ($82.8900 - $84.6800) on Tue. Jan. 31, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 65 |
| Latest Price | $84.6500(2.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB advances 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)
IWD(85%) PAVE(85%) XLI(84%) VYM(83%) SDY(82%) |
| Factors Impacting XLB price | XLB will decline at least -0.75% in a week (0% probabilities).
VIXM(-53%) VXX(-23%) UUP(-21%) SHY(-18%) BNDX(-5%) |
| 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 | -0.75% (StdDev 1.5%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.1% |
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