| XLE latest price $36.0800 (-1.66%) ($36.0500 - $36.9800) on Mon. Jul. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.31% (three month average) |
| RSI | 46 |
| Latest Price | $36.0800(-1.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.4% a day on average for past five trading days. |
| Weekly Trend | XLE declines -0.5% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(80%) VYM(66%) USO(65%) XLF(59%) |
| Factors Impacting XLE price | XLE will decline at least -1.655% in a week (0% probabilities).
VIXM(-34%) UUP(-19%) TLT(-18%) VXX(-15%) BND(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.655% (StdDev 3.31%) |
| Hourly BBV | -1.5 () |
| Intraday Trend | -1.3% |
| | |
| |
|