| XLY latest price $178.1000 (-1.82%) ($178.0600 - $182.1900) on Wed. Dec. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.24% (three month average) |
| RSI | 80 |
| Latest Price | $178.1000(-1.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLY advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLY advances 2.7% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLY advance at 0% a week (0% probability)
EEM(97%) INDA(92%) BOTZ(98%) IWO(95%) TAN(93%) |
| Factors Impacting XLY price | XLY will decline at least -0.62% in a week (0% probabilities).
VIXM(-53%) UUP(-33%) TBT(-7%) BNDX(25%) TIP(28%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.62% (StdDev 1.24%) |
| Hourly BBV | -2.8 () |
| Intraday Trend | -1.4% |
| | |
| |
|