| XLRE latest price $34.8100 (2.02%) ($34.3400 - $34.8200) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 47 |
Latest Price | $34.8100(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 1% a day on average for past five trading days. |
Weekly Trend | XLRE declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability) IFRA(86%) IWN(86%) IWM(85%) SDY(84%) XHB(84%) |
Factors Impacting XLRE price | XLRE will decline at least -0.5% in a week (0% probabilities). TBT(-61%) VXX(-44%) VIXM(-36%) UUP(-18%) USO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.2% |
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