| XLU latest price $59.6900 (0.86%) ($59.0000 - $59.7500) on Tue. Oct. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 50 |
Latest Price | $59.6900(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLU advances 0.2% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLU advance at 0% a week (0% probability) SPLV(83%) SDY(82%) IFRA(80%) VYM(74%) XLRE(72%) |
Factors Impacting XLU price | XLU will decline at least -0.6% in a week (0% probabilities). VXX(-38%) TBT(-32%) VIXM(-28%) USO(-9%) UUP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
| |
|
|