| XLE latest price $65.6300 (-0.42%) ($64.2600 - $66.2700) on Fri. Jan. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.71% (three month average) |
| RSI | 71 |
| Latest Price | $65.6300(-0.42%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1% a day on average for past five trading days. |
| Weekly Trend | XLE advances 2% 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%) USO(67%) OIH(66%) VYM(60%) VFMO(59%) |
| Factors Impacting XLE price | XLE will decline at least -0.855% in a week (0% probabilities).
VIXM(-30%) UUP(-22%) VXX(-12%) TLT(-8%) EDOC(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.855% (StdDev 1.71%) |
| Hourly BBV | -1.1 () |
| Intraday Trend | 0.2% |
| | |
| |
|