| XLRE latest price $36.0100 (-0.03%) ($35.9100 - $36.2050) on Thu. Nov. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.43% (three month average) |
| RSI | 78 |
| Latest Price | $36.0100(-0.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLRE advances 1.2% a day on average for past five trading days. |
| Weekly Trend | XLRE advances 3.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability)
IFRA(87%) SDY(84%) IWN(88%) IWM(87%) XHB(87%) |
| Factors Impacting XLRE price | XLRE will decline at least -0.715% in a week (0% probabilities).
TBT(-49%) VXX(-20%) UUP(-16%) VIXM(7%) URA(7%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.715% (StdDev 1.43%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -0.3% |
| | |
| |
|