| XLRE latest price $41.8300 (2.3%) ($41.2400 - $42.2100) on Thu. Feb. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 67 |
Latest Price | $41.8300(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLRE advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability) SDY(80%) IWD(76%) IVE(75%) IWM(74%) IWN(74%) |
Factors Impacting XLRE price | XLRE will decline at least -0.845% in a week (0% probabilities). VIXM(-40%) TBT(-28%) VXX(-21%) UUP(-12%) VCSH(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.845% (StdDev 1.69%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|