| XLE latest price $35.8500 (-5.66%) ($35.4100 - $37.5000) on Fri. May. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.94% (three month average) |
| RSI | 57 |
| Latest Price | $35.8500(-5.66%) |
| 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 6.3% 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(94%) OIH(82%) VYM(70%) XLF(64%) XAR(62%) |
| Factors Impacting XLE price | XLE will decline at least -2.97% in a week (0% probabilities).
VIXM(-40%) TLT(-21%) 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 | -2.97% (StdDev 5.94%) |
| Hourly BBV | -1.6 () |
| Intraday Trend | -3.7% |
| | |
| |
|