| XLB latest price $83.3500 (1.14%) ($82.3400 - $83.6350) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 97 |
| Latest Price | $83.3500(1.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally 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%) IVE(88%) XLF(88%) IWD(87%) VT(87%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VIXM(-49%) VXX(-43%) BNDX(-10%) UUP(-8%) SHY(3%) |
| 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 | 1.6 () |
| Intraday Trend | 1% |
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