| XLE latest price $40.3100 (5.14%) ($39.2750 - $40.4160) on Tue. Nov. 24, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.1% (three month average) |
| RSI | 81 |
| Latest Price | $40.3100(5.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 2.1% a day on average for past five trading days. |
| Weekly Trend | XLE advances 9.2% 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(77%) USO(66%) VYM(64%) XME(56%) |
| Factors Impacting XLE price | XLE will decline at least -1.55% in a week (0% probabilities).
VIXM(-31%) UUP(-22%) TLT(-17%) VXX(-15%) 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 | -1.55% (StdDev 3.1%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1.7% |
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