| XLB latest price $82.8100 (1.38%) ($82.2200 - $84.3600) on Tue. Dec. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 53 |
Latest Price | $82.8100(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLB advances 0.4% a day on average for past five trading days. |
Market Behavior | Growth stock rally 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(75%) |
Factors Impacting XLB price | XLB will decline at least -0.895% in a week (0% probabilities). VIXM(-54%) UUP(-26%) VXX(-22%) TBT(-6%) CEMB(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.895% (StdDev 1.79%) |
Hourly BBV | 1.5 () |
Intraday Trend | -1.7% |
| |
|
|