| XLB latest price $83.9000 (2.43%) ($82.4800 - $84.0150) on Thu. Oct. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.01% (three month average) |
| RSI | 62 |
| Latest Price | $83.9000(2.43%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.6% 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 | 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%) VT(87%) VYM(87%) XLF(83%) VFMO(78%) |
| Factors Impacting XLB price | XLB will decline at least -0.505% in a week (0% probabilities).
VIXM(-63%) UUP(-44%) VXX(-23%) TBT(-5%) IGOV(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.505% (StdDev 1.01%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 1.4% |
| | |
| |
|