| XLI latest price $108.2300 (-0.45%) ($108.2100 - $109.1500) on Thu. Aug. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.8% (three month average) |
| RSI | 44 |
| Latest Price | $108.2300(-0.45%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLI advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLI advances 0.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLI advance at 0% a week (0% probability)
PAVE(93%) IWD(91%) IVE(90%) IYT(88%) VT(88%) |
| Factors Impacting XLI price | XLI will decline at least -0.4% in a week (0% probabilities).
VXX(-65%) VIXM(-58%) TBT(-34%) UUP(-19%) USO(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.4% (StdDev 0.8%) |
| Hourly BBV | -0 () |
| Intraday Trend | -0.6% |
| | |
| |
|