| XHB latest price $78.6400 (1.34%) ($77.7170 - $79.0100) on Fri. Aug. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 64 |
Latest Price | $78.6400(1.34%) |
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 0.5% 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 XHB advance at 0% a week (0% probability) XRT(82%) VT(81%) XLI(80%) XLY(79%) VUG(77%) |
Factors Impacting XHB price | XHB will decline at least -0.625% in a week (0% probabilities). VIXM(-58%) UUP(-34%) TBT(-22%) VXX(-18%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
| |
|
|