| XLE latest price $48.4000 (1.66%) ($47.9300 - $48.6450) on Tue. Aug. 24, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.8% (three month average) |
| RSI | 50 |
| Latest Price | $48.4000(1.66%) |
| 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 declines -2.3% a week on average for past two weeks. |
| Market Behavior | Value 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(94%) OIH(71%) USO(68%) VYM(62%) VFMO(60%) |
| Factors Impacting XLE price | XLE will decline at least -0.9% in a week (0% probabilities).
VIXM(-33%) UUP(-22%) VXX(-14%) TLT(-12%) BND(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.9% (StdDev 1.8%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0.8% |
| | |
| |
|