| XLE latest price $86.6800 (-1.01%) ($86.1500 - $87.6750) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.28% (three month average) |
| RSI | 36 |
| Latest Price | $86.6800(-1.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLE declines -2.8% 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(94%) OIH(89%) VYM(69%) IWD(66%) XME(65%) |
| Factors Impacting XLE price | XLE will decline at least -0.64% in a week (0% probabilities).
VXX(-19%) UUP(-17%) SHY(-15%) VIXM(-14%) BNDX(-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 | -0.64% (StdDev 1.28%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | -0.8% |
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