| XLE latest price $83.2100 (2.2%) ($81.6300 - $83.3400) on Tue. Jul. 11, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.42% (three month average) |
| RSI | 68 |
| Latest Price | $83.2100(2.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.5% a day on average for past five trading days. |
| Weekly Trend | XLE advances 1.7% 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(93%) OIH(84%) USO(68%) VYM(61%) IWD(55%) |
| Factors Impacting XLE price | XLE will decline at least -0.71% in a week (0% probabilities).
VXX(-16%) VIXM(-12%) UUP(-12%) TBT(-6%) SHY(-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 | -0.71% (StdDev 1.42%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 1.7% |
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