| XLE latest price $39.6800 (-2.34%) ($39.3000 - $40.2400) on Mon. Dec. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 63 |
Latest Price | $39.6800(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 1.5% a day on average for past five trading days. |
Weekly Trend | XLE advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(76%) USO(66%) VYM(63%) XME(56%) |
Factors Impacting XLE price | XLE will decline at least -1.64% in a week (0% probabilities). VIXM(-32%) UUP(-22%) TLT(-16%) VXX(-15%) BND(-5%) |
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 | -1.64% (StdDev 3.28%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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