| XLI latest price $98.7500 (2.9%) ($95.6600 - $98.9800) on Wed. May. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 45 |
Latest Price | $98.7500(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLI declines -2% 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(92%) VT(89%) XLB(89%) XLF(89%) XAR(88%) |
Factors Impacting XLI price | XLI will decline at least -0.62% in a week (0% probabilities). VIXM(-64%) UUP(-36%) VXX(-19%) TBT(-8%) TLT(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.62% (StdDev 1.24%) |
Hourly BBV | 2.7 () |
Intraday Trend | 3% |
| |
|
|