| XLE latest price $55.7000 (-0.64%) ($55.4300 - $56.2400) on Wed. Dec. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.62% (three month average) |
| RSI | 40 |
| Latest Price | $55.7000(-0.64%) |
| 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 -0.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(67%) USO(67%) VYM(60%) VFMO(58%) |
| Factors Impacting XLE price | XLE will decline at least -0.81% in a week (0% probabilities).
VIXM(-31%) UUP(-22%) VXX(-12%) TLT(-9%) EDOC(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.81% (StdDev 1.62%) |
| Hourly BBV | -0 () |
| Intraday Trend | -0.5% |
| | |
| |
|