| XLRE latest price $44.6100 (1.39%) ($43.9800 - $44.6200) on Wed. Jun. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 93 |
Latest Price | $44.6100(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 0.8% a day on average for past five trading days. |
Weekly Trend | XLRE advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability) VT(73%) VYM(73%) XLI(71%) XLU(70%) XHB(68%) |
Factors Impacting XLRE price | XLRE will decline at least -0.445% in a week (0% probabilities). VIXM(-52%) UUP(-31%) VXX(-22%) TBT(-22%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.445% (StdDev 0.89%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.1% |
| |
|
|