| XLE latest price $87.4500 (0.49%) ($84.9650 - $87.4850) on Tue. Aug. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.26% (three month average) |
| RSI | 78 |
| Latest Price | $87.4500(0.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.1% 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 sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
XOP(94%) OIH(88%) USO(69%) VYM(58%) IWD(52%) |
| Factors Impacting XLE price | XLE will decline at least -0.63% in a week (0% probabilities).
VXX(-13%) UUP(-11%) SHY(-10%) VIXM(-9%) BNDX(-8%) |
| 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 | -0.63% (StdDev 1.26%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.1% |
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