| XLB latest price $68.0000 (0.25%) ($67.7200 - $68.6100) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.51% (three month average) |
| RSI | 58 |
| Latest Price | $68.0000(0.25%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.5% a day on average for past five trading days. |
| Weekly Trend | XLB advances 0.9% a week on average for past two weeks. |
| Market Behavior | Normal 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(88%) VYM(87%) VT(84%) XLF(81%) PAVE(72%) |
| Factors Impacting XLB price | XLB will decline at least -0.755% in a week (0% probabilities).
VIXM(-60%) UUP(-42%) VXX(-25%) EDOC(-8%) TLT(-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 | -0.755% (StdDev 1.51%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | -0.3% |
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