| XLE latest price $37.1800 (0.13%) ($36.3700 - $37.2700) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 59 |
Latest Price | $37.1800(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLE declines -0.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(79%) VYM(66%) USO(65%) XLF(59%) |
Factors Impacting XLE price | XLE will decline at least -1.545% in a week (0% probabilities). VIXM(-34%) UUP(-19%) TLT(-18%) VXX(-16%) 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 | -1.545% (StdDev 3.09%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.8% |
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