| XLP latest price $71.8400 (0.67%) ($71.1900 - $72.0000) on Tue. Nov. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.63% (three month average) |
| RSI | 70 |
| Latest Price | $71.8400(0.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLP advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLP advances 0.6% a week on average for past two weeks. |
| Market Behavior | Broad based 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(77%) XLV(72%) XLI(67%) XLU(67%) SPLV(63%) |
| Factors Impacting XLP price | XLP will decline at least -0.315% in a week (0% probabilities).
VIXM(-44%) UUP(-29%) VXX(-15%) TBT(-8%) IGOV(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.315% (StdDev 0.63%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0.6% |
| | |
| |
|