| XLB latest price $66.3800 (0.08%) ($66.1900 - $67.1350) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 62 |
Latest Price | $66.3800(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLB advances 1.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -0.63% in a week (0% probabilities). VIXM(-60%) UUP(-42%) VXX(-26%) IGOV(-5%) EDOC(-5%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.2% |
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