| XLB latest price $82.7400 (1.66%) ($81.1600 - $82.7800) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.97% (three month average) |
| RSI | 44 |
| Latest Price | $82.7400(1.66%) |
| 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 declines -0.7% 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(88%) IWD(86%) XLI(85%) IVE(84%) SDY(84%) |
| Factors Impacting XLB price | XLB will decline at least -0.485% in a week (0% probabilities).
VXX(-54%) VIXM(-47%) TBT(-29%) UUP(-23%) IGOV(0%) |
| 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 | -0.485% (StdDev 0.97%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 1.6% |
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