| XLB latest price $66.2300 (2.27%) ($64.6100 - $66.3300) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 70 |
Latest Price | $66.2300(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLB advances 1.4% 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(84%) XLF(81%) PAVE(73%) |
Factors Impacting XLB price | XLB will decline at least -0.79% in a week (0% probabilities). VIXM(-59%) UUP(-42%) VXX(-25%) EDOC(-4%) TLT(-3%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 2 () |
Intraday Trend | 1.8% |
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