| XLB latest price $87.1900 (1.04%) ($86.2100 - $87.5600) on Wed. Nov. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.95% (three month average) |
RSI | 72 |
Latest Price | $87.1900(1.04%) |
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 -0.475% in a week (0% probabilities). VIXM(-63%) UUP(-44%) VXX(-22%) TBT(-5%) IGOV(-1%) |
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 | -0.475% (StdDev 0.95%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0.9% |
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