| XOP latest price $123.0800 (2.81%) ($119.3820 - $123.7920) on Mon. Mar. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 34 |
Latest Price | $123.0800(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XOP advances 0.6% a day on average for past five trading days. |
Weekly Trend | XOP declines -3.5% 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 XOP advance at 0% a week (0% probability) XLE(94%) OIH(87%) USO(70%) VYM(70%) IWD(64%) |
Factors Impacting XOP price | XOP will decline at least -1.175% in a week (0% probabilities). VXX(-31%) VIXM(-24%) SHY(-22%) BNDX(-14%) BWX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|