| XLB latest price $83.5400 (-0.54%) ($83.2800 - $84.1000) on Wed. Jul. 19, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.08% (three month average) |
| RSI | 63 |
| Latest Price | $83.5400(-0.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLB advances 1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock 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(-51%) 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 | 0.4 () |
| Intraday Trend | -0.4% |
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