| XLB latest price $76.0600 (0.45%) ($75.4000 - $76.2750) on Tue. Oct. 31, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.91% (three month average) |
| RSI | 35 |
| Latest Price | $76.0600(0.45%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLB declines -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)
SMH(90%) IWD(85%) PAVE(84%) XLI(84%) VYM(83%) |
| Factors Impacting XLB price | XLB will decline at least -0.455% in a week (0% probabilities).
VXX(-39%) VIXM(-25%) TBT(-24%) UUP(-20%) EDOC(-18%) |
| 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 | -0.455% (StdDev 0.91%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0.6% |
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