| XLE latest price $92.2800 (0.22%) ($91.7100 - $93.3100) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.23% (three month average) |
| RSI | 86 |
| Latest Price | $92.2800(0.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XLE advances 4.5% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(95%) USO(69%) VFMO(65%) VYM(65%) OIH(58%) |
| Factors Impacting XLE price | XLE will decline at least -1.115% 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 | -1.115% (StdDev 2.23%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -0.3% |
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