| XLE latest price $83.7500 (0.2%) ($83.0700 - $84.1750) on Wed. Feb. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 77 |
Latest Price | $83.7500(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.1% a day on average for past five trading days. |
Weekly Trend | XLE advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) IVE(51%) IWN(42%) GDXJ(40%) DIA(39%) GDX(39%) |
Factors Impacting XLE price | XLE will decline at least -0.54% in a week (0% probabilities). UUP(-31%) VXX(-20%) VIXM(-14%) TLT(3%) SMH(10%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.1% |
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