| XLP latest price $72.7000 (0.29%) ($71.9500 - $73.1500) on Tue. Nov. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.15% (three month average) |
| RSI | 70 |
| Latest Price | $72.7000(0.29%) |
| 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 1.6% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability)
VYM(72%) XLV(70%) XLU(65%) VT(61%) XLI(61%) |
| Factors Impacting XLP price | XLP will decline at least -0.575% in a week (0% probabilities).
VIXM(-34%) UUP(-23%) VXX(-15%) TBT(-10%) JETS(0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.575% (StdDev 1.15%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -0% |
| | |
| |
|