| XLP latest price $71.0400 (-0.84%) ($70.8900 - $71.5900) on Wed. Jul. 28, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.62% (three month average) |
RSI | 69 |
Latest Price | $71.0400(-0.84%) |
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 advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability) VYM(76%) XLV(71%) XLU(67%) XLI(66%) SPLV(65%) |
Factors Impacting XLP price | XLP will decline at least -0.31% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-16%) TBT(-8%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.31% (StdDev 0.62%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.6% |
| |
|
|