| XLE latest price $97.7200 (-0.07%) ($96.3350 - $98.1400) on Thu. Apr. 11, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 80 |
Latest Price | $97.7200(-0.07%) |
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 2.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) GDXJ(60%) GDX(59%) IVE(58%) SPY(46%) DIA(43%) |
Factors Impacting XLE price | XLE will decline at least -0.46% in a week (0% probabilities). UUP(-48%) VIXM(-32%) VXX(-26%) TLT(7%) XBI(8%) |
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 | -0.46% (StdDev 0.92%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.4% |
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