| XLP latest price $58.9900 (-1.06%) ($58.7800 - $59.2200) on Mon. Jun. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 46 |
| Latest Price | $58.9900(-1.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLP advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLP declines -0.4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability)
VYM(75%) SPLV(71%) XLV(69%) XLU(66%) XLI(65%) |
| Factors Impacting XLP price | XLP will decline at least -0.875% in a week (0% probabilities).
VIXM(-45%) UUP(-28%) VXX(-19%) TBT(-4%) XLC(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.875% (StdDev 1.75%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | -0.2% |
| | |
| |
|