| XLE latest price $97.0400 (-0.06%) ($96.6600 - $97.5950) on Thu. Apr. 4, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.97% (three month average) |
| RSI | 82 |
| Latest Price | $97.0400(-0.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XLE advances 0.8% 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 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)
GDXJ(64%) GDX(63%) IVE(56%) SPY(44%) DIA(42%) |
| Factors Impacting XLE price | XLE will decline at least -0.485% in a week (0% probabilities).
UUP(-39%) VIXM(-29%) VXX(-23%) TLT(-1%) XBI(5%) |
| 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 | -0.485% (StdDev 0.97%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | -0.2% |
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