| XLB latest price $77.9300 (-1.49%) ($77.3300 - $79.4500) on Thu. Oct. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 48 |
| Latest Price | $77.9300(-1.49%) |
| 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. |
| Weekly Trend | XLB advances 0.1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based 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%) IFRA(82%) |
| Factors Impacting XLB price | XLB will decline at least -0.415% in a week (0% probabilities).
VXX(-46%) VIXM(-39%) TBT(-28%) UUP(-22%) EDOC(-17%) |
| 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 | -1.3 () |
| Intraday Trend | -1.9% |
| | |
| |
|