| XLE latest price $79.3600 (4.3%) ($77.0200 - $79.4300) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.37% (three month average) |
| RSI | 42 |
| Latest Price | $79.3600(4.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 2.7% a day on average for past five trading days. |
| Weekly Trend | XLE declines -2.6% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) VYM(69%) USO(68%) XLB(59%) VFMO(58%) |
| Factors Impacting XLE price | XLE will decline at least -1.185% in a week (0% probabilities).
VIXM(-30%) UUP(-23%) VXX(-13%) TLT(-4%) TBT(6%) |
| 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 | -1.185% (StdDev 2.37%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 2.2% |
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