| XLE latest price $93.4000 (0.93%) ($92.1800 - $93.4200) on Wed. Mar. 27, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 83 |
Latest Price | $93.4000(0.93%) |
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 advances 2.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XLE advance at 0% a week (0% probability) IWN(49%) IWM(45%) IWO(45%) XBI(44%) IVE(42%) |
Factors Impacting XLE price | XLE will decline at least -0.51% in a week (0% probabilities). VXX(-34%) QQQ(-10%) IVW(-8%) GLD(1%) GDX(1%) |
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 | -0.51% (StdDev 1.02%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.1% |
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