| XLB latest price $87.7600 (-0.56%) ($87.4000 - $88.1800) on Thu. Dec. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 45 |
Latest Price | $87.7600(-0.56%) |
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 declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) VT(88%) VYM(87%) XLF(84%) VFMO(78%) |
Factors Impacting XLB price | XLB will decline at least -0.51% in a week (0% probabilities). VIXM(-63%) UUP(-44%) VXX(-22%) TBT(-6%) 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 | -0.51% (StdDev 1.02%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0.2% |
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