| XOP latest price $142.6300 (-1.4%) ($141.7700 - $144.4400) on Fri. Aug. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 60 |
Latest Price | $142.6300(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XOP advances 0.3% a day on average for past five trading days. |
Weekly Trend | XOP advances 3.5% 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 XOP advance at 0% a week (0% probability) XLE(95%) USO(69%) VYM(65%) VFMO(64%) XLB(60%) |
Factors Impacting XOP price | XOP will decline at least -1.6% in a week (0% probabilities). VIXM(-34%) UUP(-28%) VXX(-12%) TLT(-4%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.6% (StdDev 3.2%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.6% |
| |
|
|