| XLB latest price $83.9900 (0.78%) ($83.0300 - $84.2400) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.08% (three month average) |
| RSI | 61 |
| Latest Price | $83.9900(0.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLB advances 0.9% 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)
PAVE(85%) IWD(84%) IVE(83%) VT(83%) IFRA(82%) |
| Factors Impacting XLB price | XLB will decline at least -0.54% in a week (0% probabilities).
VXX(-55%) VIXM(-50%) TBT(-29%) UUP(-26%) EDOC(7%) |
| 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 | -0.54% (StdDev 1.08%) |
| Hourly BBV | 2 () |
| Intraday Trend | 1.2% |
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