| XLRE latest price $35.1100 (2.36%) ($34.8400 - $35.6250) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.25% (three month average) |
| RSI | 49 |
| Latest Price | $35.1100(2.36%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLRE advances 1.7% a day on average for past five trading days. |
| Weekly Trend | XLRE advances 0.2% 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)
IWN(88%) IFRA(87%) IWM(87%) ICLN(86%) IWO(84%) |
| Factors Impacting XLRE price | XLRE will decline at least -0.625% in a week (0% probabilities).
TBT(-57%) VXX(-34%) VIXM(-19%) UUP(-17%) 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 | -0.625% (StdDev 1.25%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.5% |
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