| XLE latest price $64.0273 (-0.23%) ($63.8520 - $64.8301) on Wed. Jun. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 80 |
Latest Price | $64.0273(-0.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.7% 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. 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%) XLF(70%) |
Factors Impacting XLE price | XLE will decline at least -0.6% in a week (0% probabilities). TLT(-26%) VIXM(-21%) UUP(-14%) SHY(-7%) IPO(-3%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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