| XLE latest price $42.8800 (-4.92%) ($42.8600 - $44.7200) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.5% (three month average) |
| RSI | 63 |
| Latest Price | $42.8800(-4.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLE advances 6.6% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(81%) VYM(69%) USO(65%) XLF(63%) |
| Factors Impacting XLE price | XLE will decline at least -2.75% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -2.75% (StdDev 5.5%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | -4% |
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