| XLB latest price $58.8063 (0.85%) ($58.2921 - $58.8360) on Tue. Jul. 10, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 56 |
Latest Price | $58.8063(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLB advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability) XLI(90%) VT(89%) VYM(89%) XLF(85%) IWD(84%) |
Factors Impacting XLB price | XLB will decline at least -0.445% in a week (0% probabilities). VXX(-26%) TLT(-22%) VIXM(-18%) UUP(-18%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.445% (StdDev 0.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|