| XLE latest price $29.5300 (-0.57%) ($29.2600 - $30.2200) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.09% (three month average) |
| RSI | 44 |
| Latest Price | $29.5300(-0.57%) |
| 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 -2.3% a week on average for past two weeks. |
| Market Behavior | Broad based rally 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(78%) USO(65%) VYM(65%) XLF(58%) |
| Factors Impacting XLE price | XLE will decline at least -1.045% in a week (0% probabilities).
VIXM(-34%) UUP(-20%) TLT(-18%) VXX(-15%) 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 | -1.045% (StdDev 2.09%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | -2.2% |
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