| XLRE latest price $36.6300 (0.55%) ($35.8850 - $36.6800) on Mon. Oct. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 46 |
Latest Price | $36.6300(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 0.8% a day on average for past five trading days. |
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(70%) XLU(69%) XLI(68%) XHB(64%) |
Factors Impacting XLRE price | XLRE will decline at least -0.65% in a week (0% probabilities). VIXM(-50%) UUP(-30%) VXX(-23%) TBT(-19%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.65% (StdDev 1.3%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.3% |
| |
|
|