| XLB latest price $54.9600 (-3.17%) ($54.6200 - $55.7400) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 30 |
Latest Price | $54.9600(-3.17%) |
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 declines -4.7% 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 XLB advance at 0% a week (0% probability) XLI(91%) VYM(90%) VT(89%) XLF(87%) IWD(84%) |
Factors Impacting XLB price | XLB will decline at least -0.72% in a week (0% probabilities). VIXM(-64%) VXX(-31%) UUP(-23%) TLT(-19%) IGOV(-1%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.3% |
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