| XLRE latest price $36.5800 (1.3%) ($36.4300 - $36.6760) on Thu. Mar. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 54 |
Latest Price | $36.5800(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 1.1% a day on average for past five trading days. |
Weekly Trend | XLRE declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability) SDY(80%) IWD(77%) IFRA(75%) VYM(75%) IWM(74%) |
Factors Impacting XLRE price | XLRE will decline at least -0.76% in a week (0% probabilities). VXX(-45%) VIXM(-37%) TBT(-34%) UUP(-11%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.76% (StdDev 1.52%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|