| XLE latest price $45.4200 (-2.26%) ($45.2750 - $46.3600) on Thu. Feb. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 70 |
Latest Price | $45.4200(-2.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.3% a day on average for past five trading days. |
Weekly Trend | XLE advances 5.9% 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(74%) USO(68%) VYM(63%) VFMO(55%) |
Factors Impacting XLE price | XLE will decline at least -1.24% in a week (0% probabilities). VIXM(-32%) UUP(-21%) TLT(-16%) VXX(-15%) BND(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.24% (StdDev 2.48%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.8% |
| |
|
|