| XLB latest price $78.8500 (-1.1%) ($78.8200 - $80.2400) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.17% (three month average) |
| RSI | 36 |
| Latest Price | $78.8500(-1.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLB declines -1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
IWD(85%) PAVE(85%) SDY(83%) XLI(83%) VYM(82%) |
| Factors Impacting XLB price | XLB will decline at least -0.585% in a week (0% probabilities).
VXX(-55%) VIXM(-49%) UUP(-23%) TBT(-13%) SHY(-3%) |
| 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 | -0.585% (StdDev 1.17%) |
| Hourly BBV | -1 () |
| Intraday Trend | -1.3% |
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