| XLE latest price $50.3100 (2.55%) ($49.0200 - $50.3300) on Thu. Apr. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 35 |
Latest Price | $50.3100(2.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.4% a day on average for past five trading days. |
Weekly Trend | XLE declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(59%) |
Factors Impacting XLE price | XLE will decline at least -1.08% in a week (0% probabilities). VIXM(-34%) UUP(-22%) VXX(-15%) TLT(-15%) BND(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.1% |
| |
|
|