| XLE latest price $40.0600 (1.29%) ($38.9400 - $40.3600) on Wed. May. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.11% (three month average) |
| RSI | 64 |
| Latest Price | $40.0600(1.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1.1% a day on average for past five trading days. |
| Weekly Trend | XLE advances 2.5% a week on average for past two weeks. |
| Market Behavior | Value stock 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(81%) VYM(70%) USO(64%) XLF(63%) |
| Factors Impacting XLE price | XLE will decline at least -3.055% in a week (0% probabilities).
VIXM(-38%) TLT(-21%) UUP(-20%) VXX(-17%) BND(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.055% (StdDev 6.11%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -0.2% |
| | |
| |
|