| XLE latest price $86.4600 (1.9%) ($85.7750 - $87.1800) on Tue. Dec. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.26% (three month average) |
| RSI | 30 |
| Latest Price | $86.4600(1.9%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLE declines -3.8% a week on average for past two weeks. |
| Market Behavior | Growth stock 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%) USO(69%) VYM(68%) XLB(55%) XLF(55%) |
| Factors Impacting XLE price | XLE will decline at least -1.13% in a week (0% probabilities).
VIXM(-28%) UUP(-15%) VXX(-13%) TLT(-7%) ARKK(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.13% (StdDev 2.26%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | -0.3% |
| | |
| |
|