| XLP latest price $64.1000 (-0.56%) ($63.6050 - $64.3950) on Fri. Oct. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.82% (three month average) |
| RSI | 41 |
| Latest Price | $64.1000(-0.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLP advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLP declines -0.3% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
| Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability)
VYM(74%) SPLV(69%) XLV(69%) XLU(66%) XLI(65%) |
| Factors Impacting XLP price | XLP will decline at least -0.41% in a week (0% probabilities).
VIXM(-45%) UUP(-28%) VXX(-19%) EDOC(-7%) IGOV(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.41% (StdDev 0.82%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | 0.4% |
| | |
| |
|