| XLB latest price $72.8000 (3.67%) ($71.5100 - $72.8800) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 41 |
| Latest Price | $72.8000(3.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.6% a day on average for past five trading days. |
| Weekly Trend | XLB declines -2.5% 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(88%) XLI(87%) VYM(86%) XLF(82%) XHB(78%) |
| Factors Impacting XLB price | XLB will decline at least -0.775% in a week (0% probabilities).
VIXM(-54%) UUP(-41%) VXX(-20%) TBT(-14%) TLT(15%) |
| 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 | -0.775% (StdDev 1.55%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 1.6% |
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