| XLP latest price $61.0800 (1.46%) ($59.9100 - $61.2300) on Tue. Jul. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.15% (three month average) |
| RSI | 62 |
| Latest Price | $61.0800(1.46%) |
| 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 1.7% 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 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 -0.575% 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 | -0.575% (StdDev 1.15%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1.7% |
| | |
| |
|