| XLE latest price $37.3800 (2.16%) ($36.8250 - $37.6200) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.62% (three month average) |
| RSI | 51 |
| Latest Price | $37.3800(2.16%) |
| 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 declines -1.9% a week on average for past two weeks. |
| Market Behavior | Broad based 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(80%) VYM(67%) USO(65%) XLF(60%) |
| Factors Impacting XLE price | XLE will decline at least -1.81% in a week (0% probabilities).
VIXM(-34%) UUP(-19%) TLT(-19%) VXX(-15%) 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 | -1.81% (StdDev 3.62%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | -0.5% |
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