| XLE latest price $30.7900 (-1.6%) ($30.7350 - $31.6500) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.12% (three month average) |
| RSI | 41 |
| Latest Price | $30.7900(-1.6%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1% 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 | Growth stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(79%) USO(65%) VYM(65%) XLF(58%) |
| Factors Impacting XLE price | XLE will decline at least -1.06% in a week (0% probabilities).
VIXM(-34%) UUP(-19%) TLT(-18%) VXX(-16%) IGOV(-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 | -1.06% (StdDev 2.12%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | -2.5% |
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