| XLB latest price $79.8800 (0.44%) ($79.6300 - $80.6100) on Wed. Nov. 15, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 74 |
| Latest Price | $79.8800(0.44%) |
| 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 1.6% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
IVE(86%) IWD(86%) XLF(86%) VYM(85%) XLI(85%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VXX(-40%) UUP(-21%) VIXM(-18%) TBT(-16%) EDOC(-8%) |
| 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 | -0.52% (StdDev 1.04%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0.2% |
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