| XLB latest price $83.7900 (0.61%) ($82.7300 - $83.9550) on Fri. Jan. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.64% (three month average) |
| RSI | 69 |
| Latest Price | $83.7900(0.61%) |
| 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 2.9% 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)
IWD(86%) PAVE(86%) XLI(84%) SDY(83%) VT(83%) |
| Factors Impacting XLB price | XLB will decline at least -0.82% in a week (0% probabilities).
VIXM(-54%) UUP(-25%) VXX(-22%) SHY(-14%) TBT(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.82% (StdDev 1.64%) |
| Hourly BBV | 2 () |
| Intraday Trend | 1.2% |
| | |
| |
|