| XHB latest price $61.4500 (-1.36%) ($61.1800 - $62.1000) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 59 |
Latest Price | $61.4500(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XHB advances 1.7% a day on average for past five trading days. |
Weekly Trend | XHB advances 3.9% 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 XHB advance at 0% a week (0% probability) XLI(81%) VT(80%) XRT(77%) XLB(76%) XLY(75%) |
Factors Impacting XHB price | XHB will decline at least -1.295% in a week (0% probabilities). VIXM(-48%) TBT(-34%) UUP(-30%) VXX(-14%) BNDX(10%) |
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 | -1.295% (StdDev 2.59%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.9% |
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