| XLB latest price $87.7200 (-0.02%) ($86.6520 - $87.7600) on Thu. Jun. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.08% (three month average) |
| RSI | 55 |
| Latest Price | $87.7200(-0.02%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLB advances 0.2% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(88%) VYM(87%) VT(86%) XLF(83%) VFMO(78%) |
| Factors Impacting XLB price | XLB will decline at least -0.54% in a week (0% probabilities).
VIXM(-62%) UUP(-43%) VXX(-24%) IGOV(-2%) TBT(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.54% (StdDev 1.08%) |
| Hourly BBV | -0.7 () |
| Intraday Trend | 0.7% |
| | |
| |
|