| XLE latest price $33.7800 (-1.03%) ($33.4600 - $34.5700) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 62 |
Latest Price | $33.7800(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 2.7% a day on average for past five trading days. |
Weekly Trend | XLE advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(94%) OIH(78%) USO(65%) VYM(65%) XLF(58%) |
Factors Impacting XLE price | XLE will decline at least -1.375% in a week (0% probabilities). VIXM(-33%) UUP(-19%) TLT(-18%) VXX(-15%) 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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.3% |
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