| XLE latest price $89.4100 (-0.11%) ($88.9300 - $90.0000) on Mon. Jun. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 71 |
Latest Price | $89.4100(-0.11%) |
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 advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(95%) USO(69%) VFMO(65%) VYM(65%) OIH(58%) |
Factors Impacting XLE price | XLE will decline at least -1.11% in a week (0% probabilities). VIXM(-31%) UUP(-26%) VXX(-12%) TLT(-9%) BNDX(3%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.6% |
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