| XLB latest price $72.3200 (3.46%) ($69.7000 - $72.4200) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.69% (three month average) |
| RSI | 55 |
| Latest Price | $72.3200(3.46%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 1.2% 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(87%) XLI(86%) VYM(85%) XLF(81%) XHB(76%) |
| Factors Impacting XLB price | XLB will decline at least -0.845% in a week (0% probabilities).
VIXM(-53%) UUP(-38%) VXX(-20%) TBT(-10%) EDOC(-3%) |
| 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 | -0.845% (StdDev 1.69%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 3.7% |
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