| XOP latest price $43.6600 (2.83%) ($42.6000 - $43.8000) on Wed. Oct. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 36 |
Latest Price | $43.6600(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XOP advances 0.8% a day on average for past five trading days. |
Weekly Trend | XOP declines -3.4% 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 XOP advance at 0% a week (0% probability) XLE(94%) OIH(76%) USO(64%) VYM(62%) XAR(60%) |
Factors Impacting XOP price | XOP will decline at least -1.34% in a week (0% probabilities). VIXM(-36%) UUP(-20%) TLT(-18%) VXX(-15%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.34% (StdDev 2.68%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.8% |
| |
|
|