| XLE latest price $48.4000 (1.66%) ($47.9300 - $48.6450) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 50 |
Latest Price | $48.4000(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLE declines -2.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(71%) USO(68%) VYM(62%) VFMO(60%) |
Factors Impacting XLE price | XLE will decline at least -0.9% in a week (0% probabilities). VIXM(-34%) UUP(-22%) VXX(-14%) TLT(-12%) BND(-1%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
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