| XLE latest price $57.9000 (-0.45%) ($57.8700 - $58.5900) on Thu. Aug. 22, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 39 |
Latest Price | $57.9000(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLE declines -1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(91%) OIH(85%) VYM(75%) XLF(73%) XLI(71%) |
Factors Impacting XLE price | XLE will decline at least -0.645% in a week (0% probabilities). VIXM(-50%) VXX(-25%) TLT(-25%) UUP(-9%) IFRA(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.645% (StdDev 1.29%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|