| XLB latest price $82.9900 (0.58%) ($82.5900 - $83.6000) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.04% (three month average) |
| RSI | 66 |
| Latest Price | $82.9900(0.58%) |
| 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 0.6% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLB advance at 0% a week (0% probability)
EWY(89%) PAVE(89%) VT(89%) XLF(88%) XLI(88%) |
| Factors Impacting XLB price | XLB will decline at least -0.52% in a week (0% probabilities).
VXX(-88%) VIXM(-59%) BNDX(-12%) UUP(-10%) TBT(2%) |
| 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 | -0.52% (StdDev 1.04%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | -0.3% |
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