| XHB latest price $52.4100 (0.15%) ($51.9600 - $52.6800) on Thu. Aug. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 74 |
Latest Price | $52.4100(0.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 0.7% a day on average for past five trading days. |
Weekly Trend | XHB advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability) VT(77%) XLI(76%) XLY(76%) XLB(72%) VUG(71%) |
Factors Impacting XHB price | XHB will decline at least -1.115% in a week (0% probabilities). VIXM(-54%) UUP(-32%) VXX(-21%) TBT(-18%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.115% (StdDev 2.23%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
| |
|
|