| XLB latest price $84.7100 (-0.54%) ($84.6500 - $85.4000) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 68 |
| Latest Price | $84.7100(-0.54%) |
| 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 1.5% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(99%) IVE(96%) IYT(95%) PAVE(94%) VYM(94%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VXX(-55%) VIXM(-49%) TBT(-21%) EDOC(-18%) UUP(-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 | -1.5 () |
| Intraday Trend | -0.6% |
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