| XLU latest price $61.4900 (1.8%) ($60.1500 - $61.7250) on Fri. Aug. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 65 |
Latest Price | $61.4900(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLU advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLU advances 0.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLU advance at 0% a week (0% probability) XLRE(69%) XLP(67%) SPLV(63%) VYM(63%) XLV(58%) |
Factors Impacting XLU price | XLU will decline at least -0.71% in a week (0% probabilities). VIXM(-33%) UUP(-20%) VXX(-17%) TBT(-16%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.2% |
| |
|
|