| XLE latest price $84.9800 (0.3%) ($84.8450 - $85.7150) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.33% (three month average) |
| RSI | 50 |
| Latest Price | $84.9800(0.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1.3% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
QQQ(6%) TLT(20%) TAN(29%) SPY(22%) SMH(0%) |
| Factors Impacting XLE price | XLE will decline at least -0.665% in a week (0% probabilities).
IVW(6%) IVE(45%) IWO(24%) JETS(10%) IWM(34%) |
| 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 | -0.665% (StdDev 1.33%) |
| Hourly BBV | -0 () |
| Intraday Trend | -0.4% |
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