| XLB latest price $82.6700 (1.15%) ($81.2200 - $82.8300) on Tue. Mar. 15, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.38% (three month average) |
| RSI | 54 |
| Latest Price | $82.6700(1.15%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLB declines -0.1% 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 -0.69% in a week (0% probabilities).
VIXM(-62%) UUP(-45%) VXX(-20%) TBT(-10%) EDOC(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.69% (StdDev 1.38%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 1.1% |
| | |
| |
|