| XLB latest price $52.4800 (2.4%) ($51.8290 - $52.5500) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.07% (three month average) |
| RSI | 64 |
| Latest Price | $52.4800(2.4%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2.1% 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 -2.035% in a week (0% probabilities).
VIXM(-61%) UUP(-41%) VXX(-28%) TLT(-7%) IGOV(4%) |
| 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 | -2.035% (StdDev 4.07%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0.9% |
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