| XLRE latest price $37.0000 (2.24%) ($35.9600 - $37.0400) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.59% (three month average) |
| RSI | 64 |
| Latest Price | $37.0000(2.24%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLRE advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLRE advances 0.9% 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 XLRE advance at 0% a week (0% probability)
VT(72%) VYM(71%) XLU(69%) XLI(68%) XLB(65%) |
| Factors Impacting XLRE price | XLRE will decline at least -0.795% in a week (0% probabilities).
VIXM(-50%) UUP(-30%) VXX(-23%) TBT(-18%) IGOV(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.795% (StdDev 1.59%) |
| Hourly BBV | 2.5 () |
| Intraday Trend | 2.1% |
| | |
| |
|