| XLE latest price $33.4600 (3.56%) ($33.0100 - $33.9900) on Wed. Apr. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.8% (three month average) |
| RSI | 71 |
| Latest Price | $33.4600(3.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLE advances 3.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(82%) VYM(71%) XLF(65%) XAR(62%) |
| Factors Impacting XLE price | XLE will decline at least -2.9% in a week (0% probabilities).
VIXM(-40%) TLT(-22%) UUP(-20%) VXX(-18%) BND(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.9% (StdDev 5.8%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -0.9% |
| | |
| |
|