| XLP latest price $64.7000 (2.21%) ($63.3250 - $64.8900) on Fri. Mar. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.74% (three month average) |
| RSI | 40 |
| Latest Price | $64.7000(2.21%) |
| 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 declines -1.3% 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(76%) XLV(70%) SPLV(67%) XLU(67%) XLI(65%) |
| Factors Impacting XLP price | XLP will decline at least -0.37% in a week (0% probabilities).
VIXM(-44%) UUP(-28%) VXX(-17%) TBT(-6%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.37% (StdDev 0.74%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 1.8% |
| | |
| |
|