| XLE latest price $55.6400 (-0.63%) ($55.6100 - $56.3900) on Wed. Jun. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 75 |
| Latest Price | $55.6400(-0.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.1% a day on average for past five trading days. |
| Weekly Trend | XLE advances 3.4% 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(73%) USO(68%) VYM(63%) VFMO(61%) |
| Factors Impacting XLE price | XLE will decline at least -0.875% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.875% (StdDev 1.75%) |
| Hourly BBV | -0 () |
| Intraday Trend | -0.9% |
| | |
| |
|