| XLY latest price $158.7600 (-1.87%) ($158.2000 - $161.7600) on Thu. Nov. 9, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.29% (three month average) |
| RSI | 64 |
| Latest Price | $158.7600(-1.87%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLY advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLY advances 3.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLY advance at 0% a week (0% probability)
IVW(96%) SPY(94%) VT(90%) IVE(86%) BOTZ(85%) |
| Factors Impacting XLY price | XLY will decline at least -0.645% in a week (0% probabilities).
TBT(-42%) VXX(-38%) UUP(-36%) VIXM(-20%) GLD(6%) |
| 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 | -0.645% (StdDev 1.29%) |
| Hourly BBV | -2.3 () |
| Intraday Trend | -1.7% |
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