| XLE latest price $93.3600 (1.17%) ($92.9600 - $93.6850) on Thu. Sep. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 83 |
Latest Price | $93.3600(1.17%) |
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 2.4% 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%) OIH(89%) USO(68%) VYM(59%) XAR(52%) |
Factors Impacting XLE price | XLE will decline at least -0.57% in a week (0% probabilities). EDOC(-11%) UUP(-10%) SHY(-8%) BNDX(-7%) VXX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.57% (StdDev 1.14%) |
Hourly BBV | 1 () |
Intraday Trend | 0.1% |
| |
|
|