| XLP latest price $72.0500 (-0.83%) ($71.9900 - $72.7550) on Fri. Sep. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.62% (three month average) |
RSI | 47 |
Latest Price | $72.0500(-0.83%) |
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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XLP advance at 0% a week (0% probability) SPLV(81%) DIA(70%) SDY(69%) VYM(67%) IVE(64%) |
Factors Impacting XLP price | XLP will decline at least -0.31% in a week (0% probabilities). VIXM(-43%) VXX(-40%) UUP(-16%) TBT(-7%) BNDX(-6%) |
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 | -0.2 () |
Intraday Trend | -0.6% |
| |
|
|