| XL latest price $6.2900 (2.11%) ($6.1990 - $6.4000) on Wed. Sep. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 37 |
Latest Price | $6.2900(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | XL advances 0.5% a day on average for past five trading days. |
Weekly Trend | XL declines -3.3% 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 XL advance at 0% a week (0% probability) ARKK(67%) ARKG(66%) IWO(66%) XBI(66%) ACES(65%) |
Factors Impacting XL price | XL will decline at least -1.815% in a week (0% probabilities). VIXM(-48%) VXX(-40%) IGOV(-21%) TLT(-16%) BNDX(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.815% (StdDev 3.63%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.1% |
| |
|
|