| XLB latest price $58.3700 (0.03%) ($57.8900 - $58.5350) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 58 |
Latest Price | $58.3700(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 1% a day on average for past five trading days. |
Weekly Trend | XLB advances 1.2% 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(87%) VYM(86%) VT(83%) XLF(80%) PAVE(73%) |
Factors Impacting XLB price | XLB will decline at least -1.095% in a week (0% probabilities). VIXM(-58%) UUP(-41%) VXX(-26%) TLT(-3%) XLC(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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.8% |
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