| XLE latest price $56.1000 (2.19%) ($54.2600 - $56.1500) on Mon. Dec. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.62% (three month average) |
| RSI | 50 |
| Latest Price | $56.1000(2.19%) |
| 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 declines -1.9% a week on average for past two weeks. |
| Market Behavior | Broad based 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(67%) USO(67%) VYM(60%) VFMO(58%) |
| Factors Impacting XLE price | XLE will decline at least -0.81% in a week (0% probabilities).
VIXM(-31%) UUP(-22%) VXX(-12%) TLT(-9%) IGOV(-8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.81% (StdDev 1.62%) |
| Hourly BBV | 2 () |
| Intraday Trend | 2.5% |
| | |
| |
|