| XLB latest price $83.1800 (0.37%) ($82.6900 - $83.5400) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.03% (three month average) |
| RSI | 71 |
| Latest Price | $83.1800(0.37%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
PAVE(85%) IWD(83%) IFRA(82%) IVE(81%) VT(81%) |
| Factors Impacting XLB price | XLB will decline at least -0.515% in a week (0% probabilities).
VXX(-53%) VIXM(-49%) TBT(-28%) UUP(-27%) USO(6%) |
| 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 | -0.515% (StdDev 1.03%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.4% |
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