| XLP latest price $64.3200 (0.05%) ($64.2400 - $65.4050) on Wed. Nov. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.91% (three month average) |
RSI | 33 |
Latest Price | $64.3200(0.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLP advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLP declines -1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability) VYM(74%) SPLV(69%) XLV(69%) XLU(67%) XLI(65%) |
Factors Impacting XLP price | XLP will decline at least -0.455% in a week (0% probabilities). VIXM(-45%) UUP(-28%) VXX(-18%) EDOC(-9%) TBT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.455% (StdDev 0.91%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.5% |
| |
|
|