| XLB latest price $77.1200 (0.31%) ($76.6200 - $77.3350) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.97% (three month average) |
| RSI | 54 |
| Latest Price | $77.1200(0.31%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
SPY(99%) IVE(87%) IWD(87%) VYM(86%) XLI(86%) |
| Factors Impacting XLB price | XLB will decline at least -0.485% in a week (0% probabilities).
VXX(-37%) UUP(-23%) VIXM(-21%) TBT(-19%) BNDX(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 | -0.485% (StdDev 0.97%) |
| Hourly BBV | -0.4 () |
| Intraday Trend | 0.1% |
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