| XLE latest price $89.9000 (1.54%) ($88.4800 - $90.0000) on Fri. Aug. 11, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.25% (three month average) |
| RSI | 74 |
| Latest Price | $89.9000(1.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.7% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(88%) USO(69%) VYM(59%) IWD(52%) |
| Factors Impacting XLE price | XLE will decline at least -0.625% in a week (0% probabilities).
VXX(-11%) SHY(-11%) UUP(-9%) BNDX(-8%) VIXM(-6%) |
| 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 | -0.625% (StdDev 1.25%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 1.6% |
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