| XLB latest price $78.4000 (0.98%) ($77.9600 - $78.9200) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 54 |
| Latest Price | $78.4000(0.98%) |
| 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 0.2% 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%) IVE(85%) XLI(85%) VT(84%) |
| Factors Impacting XLB price | XLB will decline at least -0.415% in a week (0% probabilities).
VXX(-48%) VIXM(-40%) TBT(-28%) UUP(-22%) USO(3%) |
| 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 | -0.415% (StdDev 0.83%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0.2% |
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