| XLE latest price $80.1200 (-2.08%) ($79.8600 - $82.8200) on Mon. Oct. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 55 |
Latest Price | $80.1200(-2.08%) |
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 5.5% 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(94%) VYM(69%) USO(67%) VFMO(58%) XLB(58%) |
Factors Impacting XLE price | XLE will decline at least -1.15% in a week (0% probabilities). VIXM(-29%) UUP(-21%) VXX(-13%) TLT(-6%) TIP(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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -1.7 () |
Intraday Trend | -2.4% |
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