| XLP latest price $63.5100 (0.54%) ($63.0000 - $63.5700) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 88 |
Latest Price | $63.5100(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLP advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLP advances 1.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability) VYM(75%) SPLV(70%) XLV(69%) XLU(67%) XLI(65%) |
Factors Impacting XLP price | XLP will decline at least -0.51% in a week (0% probabilities). VIXM(-45%) UUP(-28%) VXX(-19%) TBT(-4%) IGOV(-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 | -0.51% (StdDev 1.02%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0.7% |
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