| XLP latest price $60.2900 (1.84%) ($59.2600 - $60.4050) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.26% (three month average) |
| RSI | 52 |
| Latest Price | $60.2900(1.84%) |
| 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. |
| Weekly Trend | XLP advances 0.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value 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(66%) XLI(65%) |
| Factors Impacting XLP price | XLP will decline at least -0.63% in a week (0% probabilities).
VIXM(-44%) UUP(-28%) VXX(-19%) TBT(-4%) XLC(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.63% (StdDev 1.26%) |
| Hourly BBV | 2.2 () |
| Intraday Trend | 1.7% |
| | |
| |
|