| XLB latest price $84.0000 (1.22%) ($81.8820 - $84.0400) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 70 |
| Latest Price | $84.0000(1.22%) |
| 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 0.9% 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)
IVE(94%) EWY(89%) PAVE(89%) VT(89%) DIA(88%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VXX(-56%) VIXM(-55%) BNDX(-12%) UUP(-10%) TBT(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 | -0.52% (StdDev 1.04%) |
| Hourly BBV | 2.9 () |
| Intraday Trend | 2.3% |
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