| XLB latest price $85.5200 (1.8%) ($84.3500 - $85.8400) on Tue. Jul. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 78 |
Latest Price | $85.5200(1.8%) |
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. |
Weekly Trend | XLB advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability) PAVE(86%) IWD(84%) IVE(83%) XLI(83%) VT(82%) |
Factors Impacting XLB price | XLB will decline at least -0.53% in a week (0% probabilities). VXX(-55%) VIXM(-51%) TBT(-28%) UUP(-24%) IGOV(4%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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