| XLE latest price $30.5200 (0.43%) ($30.4000 - $31.2300) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.03% (three month average) |
| RSI | 53 |
| Latest Price | $30.5200(0.43%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(58%) |
| Factors Impacting XLE price | XLE will decline at least -1.015% 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 | -1.015% (StdDev 2.03%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | 0.2% |
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