| XLE latest price $94.0800 (1.05%) ($92.8400 - $94.3200) on Tue. Nov. 15, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.25% (three month average) |
| RSI | 65 |
| Latest Price | $94.0800(1.05%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1.3% 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%) USO(68%) VYM(68%) XLF(56%) XLB(55%) |
| Factors Impacting XLE price | XLE will decline at least -1.125% in a week (0% probabilities).
VIXM(-27%) UUP(-19%) VXX(-13%) TLT(-7%) EDOC(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.125% (StdDev 2.25%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.7% |
| | |
| |
|