| XLE latest price $58.0200 (1.13%) ($57.2950 - $58.2200) on Tue. Oct. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 79 |
Latest Price | $58.0200(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLE advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(94%) OIH(69%) USO(68%) VYM(61%) VFMO(59%) |
Factors Impacting XLE price | XLE will decline at least -0.905% in a week (0% probabilities). VIXM(-32%) UUP(-21%) VXX(-13%) TLT(-11%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 1 () |
Intraday Trend | 0.7% |
| |
|
|