| XLE latest price $83.9800 (0.93%) ($83.4600 - $84.4500) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.43% (three month average) |
| RSI | 68 |
| Latest Price | $83.9800(0.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLE advances 2.1% 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(93%) OIH(84%) USO(68%) VYM(61%) IWD(55%) |
| Factors Impacting XLE price | XLE will decline at least -0.715% in a week (0% probabilities).
VXX(-16%) VIXM(-11%) UUP(-11%) TBT(-6%) SHY(-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 | -0.715% (StdDev 1.43%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0.1% |
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