| XLE latest price $81.0200 (1.47%) ($80.0100 - $81.5000) on Mon. Apr. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.8% (three month average) |
| RSI | 64 |
| Latest Price | $81.0200(1.47%) |
| 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 advances 1.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(95%) USO(69%) VFMO(67%) VYM(66%) OIH(63%) |
| Factors Impacting XLE price | XLE will decline at least -0.9% in a week (0% probabilities).
VIXM(-35%) UUP(-25%) VXX(-12%) TLT(-9%) BNDX(3%) |
| 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 | 0.6% |
| | |
| |
|