| XLB latest price $83.7600 (1.1%) ($81.7700 - $83.9800) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.86% (three month average) |
| RSI | 61 |
| Latest Price | $83.7600(1.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
XLI(85%) VT(84%) VYM(84%) XLF(79%) VFMO(74%) |
| Factors Impacting XLB price | XLB will decline at least -0.93% in a week (0% probabilities).
VIXM(-55%) UUP(-27%) VXX(-22%) TBT(-7%) CEMB(-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 | -0.93% (StdDev 1.86%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 2.4% |
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