| XLY latest price $161.4000 (1.66%) ($158.1500 - $161.4600) on Fri. Nov. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.31% (three month average) |
RSI | 67 |
Latest Price | $161.4000(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLY advances 0.1% a day on average for past five trading days. |
Weekly Trend | XLY advances 3.4% 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 XLY advance at 0% a week (0% probability) SPY(90%) VT(90%) IVW(88%) IVE(86%) BOTZ(85%) |
Factors Impacting XLY price | XLY will decline at least -0.655% in a week (0% probabilities). TBT(-43%) VXX(-41%) UUP(-38%) VIXM(-21%) GLD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.655% (StdDev 1.31%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.5% |
| |
|
|