| XLE latest price $62.2486 (0.79%) ($61.6584 - $62.3031) on Tue. Dec. 1, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 46 |
Latest Price | $62.2486(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLE advances 0.6% 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(91%) OIH(86%) VYM(74%) IWD(71%) IVE(70%) |
Factors Impacting XLE price | XLE will decline at least -0.815% in a week (0% probabilities). TLT(-27%) VIXM(-23%) UUP(-13%) SHY(-7%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|