| XLB latest price $80.2700 (0.19%) ($80.0250 - $80.5400) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 73 |
| Latest Price | $80.2700(0.19%) |
| 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 1.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
SPY(96%) SMH(94%) IVE(91%) VT(89%) XLF(89%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VXX(-41%) TBT(-23%) VIXM(-21%) UUP(-20%) 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 | -0.52% (StdDev 1.04%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | -0.1% |
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