| XLE latest price $59.0300 (0.53%) ($58.2700 - $59.1000) on Fri. Sep. 6, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 61 |
Latest Price | $59.0300(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.5% a day on average for past five trading days. |
Weekly Trend | XLE advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(91%) OIH(85%) VYM(75%) XLF(73%) XLI(71%) |
Factors Impacting XLE price | XLE will decline at least -0.635% in a week (0% probabilities). VIXM(-50%) TLT(-25%) VXX(-24%) UUP(-9%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|