| XLE latest price $85.7000 (-1.13%) ($85.4500 - $87.3700) on Mon. Nov. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.29% (three month average) |
| RSI | 29 |
| Latest Price | $85.7000(-1.13%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XLE declines -2.5% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(98%) OIH(97%) USO(74%) XME(68%) VYM(63%) |
| Factors Impacting XLE price | XLE will decline at least -0.645% in a week (0% probabilities).
UUP(-18%) SHY(-15%) VXX(-14%) BNDX(-10%) VIXM(-7%) |
| 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 | -0.645% (StdDev 1.29%) |
| Hourly BBV | -1.8 () |
| Intraday Trend | -1.9% |
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