| XLE latest price $88.6200 (1.63%) ($87.3300 - $89.2650) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 80 |
Latest Price | $88.6200(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 1% a day on average for past five trading days. |
Weekly Trend | XLE advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(66%) VYM(65%) OIH(59%) |
Factors Impacting XLE price | XLE will decline at least -1.125% in a week (0% probabilities). VIXM(-31%) UUP(-26%) VXX(-12%) TLT(-9%) BNDX(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.5% |
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