| XLE latest price $86.9100 (2.86%) ($84.7400 - $87.1000) on Fri. Oct. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.36% (three month average) |
| RSI | 74 |
| Latest Price | $86.9100(2.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 1.6% a day on average for past five trading days. |
| Weekly Trend | XLE advances 2.4% 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(68%) USO(66%) XLB(57%) VFMO(56%) |
| Factors Impacting XLE price | XLE will decline at least -1.18% in a week (0% probabilities).
VIXM(-29%) UUP(-20%) VXX(-13%) TLT(-8%) TIP(0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.18% (StdDev 2.36%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 2.3% |
| | |
| |
|