| XLE latest price $58.7900 (0.91%) ($58.4650 - $59.4000) on Mon. Nov. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 54 |
Latest Price | $58.7900(0.91%) |
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 declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal 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 -0.875% 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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.1% |
| |
|
|