| XLE latest price $92.1500 (2.49%) ($90.6250 - $92.4100) on Wed. Sep. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.11% (three month average) |
| RSI | 53 |
| Latest Price | $92.1500(2.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLE declines -1% a week on average for past two weeks. |
| Market Behavior | Normal 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(90%) USO(69%) VYM(60%) XAR(58%) |
| Factors Impacting XLE price | XLE will decline at least -0.555% in a week (0% probabilities).
UUP(-12%) BNDX(-9%) SHY(-7%) VXX(-6%) TBT(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.555% (StdDev 1.11%) |
| Hourly BBV | 2.4 () |
| Intraday Trend | 1.2% |
| | |
| |
|