| XLP latest price $63.8400 (0.52%) ($63.4400 - $63.9700) on Mon. Aug. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.99% (three month average) |
| RSI | 86 |
| Latest Price | $63.8400(0.52%) |
| 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 1.1% a week on average for past two weeks. |
| Market Behavior | Value stock 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(67%) XLI(65%) |
| Factors Impacting XLP price | XLP will decline at least -0.495% in a week (0% probabilities).
VIXM(-45%) UUP(-28%) VXX(-19%) EDOC(-5%) TBT(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.495% (StdDev 0.99%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0.4% |
| | |
| |
|