| XLI latest price $87.8500 (2.44%) ($86.4300 - $87.9900) on Mon. Nov. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 74 |
Latest Price | $87.8500(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLI advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLI advances 5.8% 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 XLI advance at 0% a week (0% probability) VYM(91%) XLB(88%) XLF(86%) VT(85%) XAR(83%) |
Factors Impacting XLI price | XLI will decline at least -0.75% in a week (0% probabilities). VIXM(-64%) UUP(-33%) VXX(-25%) EDOC(-11%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.2% |
| |
|
|