| XHB latest price $75.7000 (-1.08%) ($75.6700 - $76.7400) on Wed. Aug. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.46% (three month average) |
| RSI | 67 |
| Latest Price | $75.7000(-1.08%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XHB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | XHB advances 2.8% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XHB advance at 0% a week (0% probability)
XRT(82%) VT(80%) XLI(80%) XLY(78%) VUG(76%) |
| Factors Impacting XHB price | XHB will decline at least -0.73% in a week (0% probabilities).
VIXM(-58%) UUP(-34%) TBT(-22%) VXX(-18%) IGOV(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.73% (StdDev 1.46%) |
| Hourly BBV | -0.2 () |
| Intraday Trend | -0.7% |
| | |
| |
|