| XLE latest price $92.0500 (0.97%) ($91.5500 - $92.7100) on Fri. Sep. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 68 |
Latest Price | $92.0500(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XLE advances 0.7% a day on average for past five trading days. |
Weekly Trend | XLE advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) XOP(95%) OIH(90%) USO(68%) VYM(59%) IWD(52%) |
Factors Impacting XLE price | XLE will decline at least -0.55% in a week (0% probabilities). SHY(-12%) UUP(-9%) BNDX(-9%) VXX(-7%) VCSH(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.5% |
| |
|
|