| XLE latest price $38.3300 (3.09%) ($37.3700 - $38.3450) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.06% (three month average) |
| RSI | 48 |
| Latest Price | $38.3300(3.09%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1.2% a day on average for past five trading days. |
| Weekly Trend | XLE declines -0.3% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock 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 -1.53% 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 | -1.53% (StdDev 3.06%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 2.3% |
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