XLE Price Prediction, Energy Select Sector SPDR® ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
XLE's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Oscillator for XLE moved out of overbought territory on September 15, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 instances where the indicator moved out of the overbought zone. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 69 cases where XLE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on XLE as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for XLE turned negative on September 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XLE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XLE broke above its upper Bollinger Band on September 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The 50-day moving average for XLE moved above the 200-day moving average on August 23, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLE advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 281 cases where XLE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Energy
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| DEEP | 32.60 | -0.17 | -0.52% |
| Roundhill Acquirers Deep Value ETF | |||
| HTAB | 18.61 | -0.18 | -0.96% |
| Hartford Schroders Tax-Aware Bond ETF | |||
| APRZ | 28.26 | -0.36 | -1.25% |
| TrueShares Structured Outcome April ETF | |||
| DFAE | 22.59 | -0.38 | -1.65% |
| Dimensional Emerging Core Equity Mkt ETF | |||
| DFEV | 23.66 | -0.40 | -1.66% |
| Dimensional Emerging Markets Value ETF | |||
XLE and
Correlation & Price change
A.I.dvisor indicates that over the last year, XLE has been closely correlated with FENY. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if XLE jumps, then FENY could also see price increases.
| Ticker / NAME | Correlation To XLE | 1D Price Change % | ||
|---|---|---|---|---|
| XLE | 100% | -1.37% | ||
| FENY - XLE | 100% Closely correlated | -1.37% | ||
| IYE - XLE | 100% Closely correlated | -1.40% | ||
| VDE - XLE | 100% Closely correlated | -1.45% | ||
| IXC - XLE | 98% Closely correlated | -1.40% | ||
| DRLL - XLE | 98% Closely correlated | -1.35% | ||
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