| XLE latest price $84.6900 (2.1%) ($83.4600 - $85.2500) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.33% (three month average) |
| RSI | 49 |
| Latest Price | $84.6900(2.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.3% a day on average for past five trading days. |
| Weekly Trend | XLE declines -0.9% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability)
OIH(98%) USO(75%) XME(69%) REMX(68%) ARKG(64%) |
| Factors Impacting XLE price | XLE will decline at least -0.665% in a week (0% probabilities).
UUP(-17%) SHY(-16%) VXX(-14%) BNDX(-12%) CEMB(-10%) |
| 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 | -0.665% (StdDev 1.33%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 1.2% |
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