| XLE latest price $76.6200 (-0.23%) ($75.9400 - $77.3900) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 71 |
Latest Price | $76.6200(-0.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.9% a day on average for past five trading days. |
Weekly Trend | XLE advances 4.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(95%) USO(70%) VYM(65%) VFMO(62%) XLB(56%) |
Factors Impacting XLE price | XLE will decline at least -1.345% in a week (0% probabilities). VIXM(-30%) UUP(-25%) VXX(-12%) TLT(-6%) EDOC(-2%) |
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 | -1.345% (StdDev 2.69%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.2% |
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