| XLE latest price $87.8600 (0.84%) ($87.1700 - $88.3500) on Thu. Mar. 7, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.1% (three month average) |
| RSI | 63 |
| Latest Price | $87.8600(0.84%) |
| 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 advances 0.8% 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)
IVE(45%) GDX(40%) GDXJ(40%) DIA(32%) SPY(32%) |
| Factors Impacting XLE price | XLE will decline at least -0.55% in a week (0% probabilities).
UUP(-28%) VXX(-13%) VIXM(-12%) TLT(-1%) XBI(4%) |
| 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 | -0.55% (StdDev 1.1%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0.7% |
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