| XLP latest price $59.6700 (-0.25%) ($59.4150 - $59.9900) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 49 |
Latest Price | $59.6700(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLP advances 0.4% a day on average for past five trading days. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability) VYM(75%) SPLV(70%) XLV(69%) XLU(67%) XLI(65%) |
Factors Impacting XLP price | XLP will decline at least -0.625% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-19%) TBT(-4%) XLC(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.5% |
| |
|
|