| XLE latest price $41.7300 (2.94%) ($41.1000 - $41.9200) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.01% (three month average) |
| RSI | 74 |
| Latest Price | $41.7300(2.94%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLE advances 3.8% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(81%) VYM(69%) USO(64%) XLF(63%) |
| Factors Impacting XLE price | XLE will decline at least -3.005% in a week (0% probabilities).
VIXM(-38%) TLT(-21%) UUP(-20%) VXX(-17%) BND(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -3.005% (StdDev 6.01%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 1.3% |
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