| XLB latest price $79.1100 (0.24%) ($78.4500 - $79.5700) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 53 |
| Latest Price | $79.1100(0.24%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.2% a day on average for past five trading days. |
| Market Behavior | Broad based rally for large cap. Growth stock sell-off 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%) USO(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 | -0.415% (StdDev 0.83%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -0.2% |
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