| XLE latest price $37.4300 (-1.76%) ($37.3800 - $38.5300) on Tue. May. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.04% (three month average) |
RSI | 66 |
Latest Price | $37.4300(-1.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLE advances 3.5% 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%) USO(64%) XLF(64%) |
Factors Impacting XLE price | XLE will decline at least -3.02% in a week (0% probabilities). VIXM(-39%) 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 | -3.02% (StdDev 6.04%) |
Hourly BBV | -1.8 () |
Intraday Trend | -2.6% |
| |
|
|