| XLB latest price $78.9200 (1.06%) ($78.4150 - $79.5700) on Tue. Oct. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 42 |
| Latest Price | $78.9200(1.06%) |
| 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 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)
PAVE(88%) IWD(85%) XLI(85%) IVE(84%) SDY(83%) |
| Factors Impacting XLB price | XLB will decline at least -0.415% in a week (0% probabilities).
VXX(-46%) VIXM(-40%) TBT(-31%) UUP(-23%) EDOC(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.415% (StdDev 0.83%) |
| Hourly BBV | 2 () |
| Intraday Trend | 0.5% |
| | |
| |
|