| XLP latest price $59.6400 (0.69%) ($59.2290 - $59.8600) on Mon. Jun. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.07% (three month average) |
| RSI | 59 |
| Latest Price | $59.6400(0.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLP advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLP advances 1.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability)
VYM(76%) SPLV(72%) XLV(70%) XLU(67%) VT(65%) |
| Factors Impacting XLP price | XLP will decline at least -1.535% in a week (0% probabilities).
VIXM(-46%) UUP(-28%) VXX(-20%) IGOV(-3%) TBT(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.535% (StdDev 3.07%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.6% |
| | |
| |
|