| XLB latest price $81.1200 (0.43%) ($80.7800 - $81.3900) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.05% (three month average) |
| RSI | 62 |
| Latest Price | $81.1200(0.43%) |
| 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 2% 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)
IVE(89%) DIA(87%) XLF(86%) IWD(84%) XLI(84%) |
| Factors Impacting XLB price | XLB will decline at least -0.525% in a week (0% probabilities).
VIXM(-48%) VXX(-44%) BNDX(-10%) UUP(-8%) SHY(2%) |
| 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 | -0.525% (StdDev 1.05%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.4% |
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