| XLE latest price $31.4100 (5.3%) ($30.0900 - $31.6200) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 58 |
Latest Price | $31.4100(5.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 1.9% a day on average for past five trading days. |
Weekly Trend | XLE advances 7.6% 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 XLE advance at 0% a week (0% probability) XOP(94%) OIH(83%) VYM(71%) XLF(65%) XAR(63%) |
Factors Impacting XLE price | XLE will decline at least -2.73% in a week (0% probabilities). VIXM(-41%) TLT(-22%) UUP(-20%) VXX(-18%) BND(-5%) |
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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.9% |
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