| XLRE latest price $38.7900 (0.67%) ($38.2700 - $38.8100) on Thu. Jul. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 80 |
Latest Price | $38.7900(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLRE advances 0.5% 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 | 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) IFRA(80%) IWD(79%) SDY(79%) IWN(78%) IWM(77%) |
Factors Impacting XLRE price | XLRE will decline at least -0.555% in a week (0% probabilities). TBT(-56%) VXX(-48%) VIXM(-43%) UUP(-19%) USO(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.7% |
| |
|
|