| XLE latest price $63.2032 (-1.33%) ($62.8388 - $64.3245) on Fri. Sep. 23, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.39% (three month average) |
| RSI | 47 |
| Latest Price | $63.2032(-1.33%) |
| 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 declines -1.4% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.695% in a week (0% probabilities).
TLT(-26%) VIXM(-20%) 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 | -0.695% (StdDev 1.39%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.9% |
| | |
| |
|