| XLB latest price $53.4700 (2.55%) ($53.0000 - $53.7400) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.06% (three month average) |
| RSI | 61 |
| Latest Price | $53.4700(2.55%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.9% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1.3% 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 XLB advance at 0% a week (0% probability)
XLI(88%) VYM(87%) VT(85%) XLF(81%) PAVE(76%) |
| Factors Impacting XLB price | XLB will decline at least -2.03% in a week (0% probabilities).
VIXM(-62%) UUP(-41%) VXX(-28%) TLT(-7%) IGOV(2%) |
| 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 | -2.03% (StdDev 4.06%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.5% |
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