| XLE latest price $42.7500 (-3.89%) ($42.3300 - $43.7000) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 74 |
Latest Price | $42.7500(-3.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.6% a day on average for past five trading days. |
Weekly Trend | XLE advances 6.8% 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(93%) OIH(75%) USO(67%) VYM(63%) VFMO(55%) |
Factors Impacting XLE price | XLE will decline at least -1.61% in a week (0% probabilities). VIXM(-33%) UUP(-21%) 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 | -1.61% (StdDev 3.22%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.1% |
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