| XLE latest price $43.2000 (-0.78%) ($42.8700 - $43.7100) on Wed. Jan. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.15% (three month average) |
| RSI | 83 |
| Latest Price | $43.2000(-0.78%) |
| 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 6% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(93%) OIH(75%) USO(67%) VYM(63%) VFMO(55%) |
| Factors Impacting XLE price | XLE will decline at least -1.575% in a week (0% probabilities).
VIXM(-32%) UUP(-22%) TLT(-16%) VXX(-15%) BND(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.575% (StdDev 3.15%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | -1.2% |
| | |
| |
|