| XLB latest price $78.1300 (1.34%) ($77.3500 - $78.3400) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.72% (three month average) |
| RSI | 72 |
| Latest Price | $78.1300(1.34%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLB advances 2.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
VT(88%) XLI(88%) VYM(87%) XLF(83%) XHB(79%) |
| Factors Impacting XLB price | XLB will decline at least -0.86% in a week (0% probabilities).
VIXM(-56%) UUP(-44%) VXX(-19%) TBT(-14%) EDOC(-5%) |
| 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 | -0.86% (StdDev 1.72%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.6% |
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