| XLE latest price $87.4700 (1.69%) ($86.4500 - $87.6400) on Fri. Dec. 30, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.04% (three month average) |
| RSI | 57 |
| Latest Price | $87.4700(1.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) USO(69%) VYM(67%) XLF(54%) XLB(53%) |
| Factors Impacting XLE price | XLE will decline at least -1.02% in a week (0% probabilities).
VIXM(-27%) UUP(-14%) VXX(-13%) ARKK(-10%) TLT(-9%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.02% (StdDev 2.04%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 1.2% |
| | |
| |
|