| XLE latest price $53.4600 (0.04%) ($53.3400 - $54.3650) on Thu. Mar. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.14% (three month average) |
| RSI | 77 |
| Latest Price | $53.4600(0.04%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.9% a day on average for past five trading days. |
| Weekly Trend | XLE advances 4.8% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(93%) OIH(74%) USO(68%) VYM(62%) VFMO(56%) |
| Factors Impacting XLE price | XLE will decline at least -1.07% in a week (0% probabilities).
VIXM(-33%) UUP(-22%) VXX(-15%) TLT(-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 | -1.07% (StdDev 2.14%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -0.2% |
| | |
| |
|