| XLE latest price $55.2300 (1.86%) ($53.9100 - $55.4900) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 60 |
Latest Price | $55.2300(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 1.4% a day on average for past five trading days. |
Weekly Trend | XLE advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(94%) OIH(73%) USO(68%) VYM(63%) VFMO(61%) |
Factors Impacting XLE price | XLE will decline at least -0.92% in a week (0% probabilities). VIXM(-34%) UUP(-22%) VXX(-15%) TLT(-15%) BND(-4%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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