| XLE latest price $36.1100 (6.58%) ($34.8850 - $36.1900) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.92% (three month average) |
| RSI | 75 |
| Latest Price | $36.1100(6.58%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1.8% a day on average for past five trading days. |
| Weekly Trend | XLE advances 9.4% 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 -1.46% in a week (0% probabilities).
VIXM(-33%) 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 | -1.46% (StdDev 2.92%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 2.3% |
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