| XLE latest price $49.1300 (-0.55%) ($49.1000 - $49.9800) on Tue. Mar. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 71 |
Latest Price | $49.1300(-0.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
Weekly Trend | XLE advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.11% in a week (0% probabilities). VIXM(-33%) UUP(-22%) 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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.9% |
| |
|
|