| XLU latest price $61.0100 (1.45%) ($60.3000 - $61.4200) on Wed. Aug. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 52 |
Latest Price | $61.0100(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLU advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLU advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -0.715% in a week (0% probabilities). VIXM(-33%) UUP(-20%) VXX(-17%) TBT(-16%) IGOV(-4%) |
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 | 0.3 () |
Intraday Trend | 1.1% |
| |
|
|