| XLRE latest price $34.5400 (0.58%) ($34.3600 - $34.6200) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.24% (three month average) |
| RSI | 62 |
| Latest Price | $34.5400(0.58%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLRE advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLRE advances 3.1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLRE advance at 0% a week (0% probability)
IVW(96%) SPY(93%) IWM(88%) IWN(88%) IFRA(87%) |
| Factors Impacting XLRE price | XLRE will decline at least -0.62% in a week (0% probabilities).
TBT(-50%) VXX(-20%) UUP(-17%) VIXM(2%) URA(14%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.62% (StdDev 1.24%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0.1% |
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