| XLB latest price $83.2500 (2.2%) ($81.7700 - $83.7100) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 42 |
Latest Price | $83.2500(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
Weekly Trend | XLB declines -1.1% 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) VT(89%) XLI(89%) VYM(88%) XLF(85%) VFMO(80%) |
Factors Impacting XLB price | XLB will decline at least -0.635% in a week (0% probabilities). VIXM(-62%) UUP(-46%) VXX(-20%) TBT(-8%) EDOC(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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.6% |
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