| XLE latest price $34.2200 (6.67%) ($32.4900 - $34.3300) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.55% (three month average) |
| RSI | 70 |
| Latest Price | $34.2200(6.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 4.4% a day on average for past five trading days. |
| Weekly Trend | XLE advances 9.7% 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 -2.775% 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 | -2.775% (StdDev 5.55%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 4.5% |
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