| XLE latest price $82.1300 (2.65%) ($80.3500 - $82.2300) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.72% (three month average) |
| RSI | 63 |
| Latest Price | $82.1300(2.65%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1.4% a day on average for past five trading days. |
| Weekly Trend | XLE advances 0.4% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off 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(84%) USO(67%) VYM(65%) XME(58%) |
| Factors Impacting XLE price | XLE will decline at least -0.86% in a week (0% probabilities).
VXX(-16%) VIXM(-12%) UUP(-10%) SHY(-10%) BWX(-9%) |
| 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 | -0.86% (StdDev 1.72%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.2% |
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