| XLB latest price $56.1800 (-0.3%) ($55.7800 - $57.3900) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.05% (three month average) |
| RSI | 54 |
| Latest Price | $56.1800(-0.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLB declines -1.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(88%) VYM(87%) VT(84%) XLF(81%) PAVE(75%) |
| Factors Impacting XLB price | XLB will decline at least -1.525% in a week (0% probabilities).
VIXM(-61%) UUP(-41%) VXX(-27%) TLT(-6%) 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 | -1.525% (StdDev 3.05%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -1.9% |
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