| XAR latest price $120.8000 (1.56%) ($119.2500 - $120.9000) on Mon. Aug. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.05% (three month average) |
| RSI | 43 |
| Latest Price | $120.8000(1.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XAR advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XAR declines -0.8% 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 XAR advance at 0% a week (0% probability)
XLI(79%) IWD(77%) SDY(75%) VYM(75%) DIA(73%) |
| Factors Impacting XAR price | XAR will decline at least -0.525% in a week (0% probabilities).
VXX(-44%) VIXM(-39%) TBT(-23%) UUP(-18%) BNDX(8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.525% (StdDev 1.05%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 1.1% |
| | |
| |
|