+Compare
XLE
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
38.18B

XLE Energy Select Sector SPDR® ETF Forecast, Technical & Fundamental Analysis

Category Energy
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for XLE with price predictions
08:00 PM EDT Sep 21, 2023

XLE sees its 50-day moving average cross bullishly above its 200-day moving average

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.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

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 288 cases where XLE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for XLE moved out of overbought territory on September 15, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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 44 similar instances when the indicator turned negative. In of the 44 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.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), Schlumberger Limited (NYSE:SLB), EOG Resources (NYSE:EOG), MARATHON PETROLEUM Corp (NYSE:MPC), Occidental Petroleum Corp (NYSE:OXY), Phillips 66 (NYSE:PSX), Pioneer Natural Resource Co (NYSE:PXD), Valero Energy Corp (NYSE:VLO).

Industry description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.

Market Cap

The average market capitalization across the Energy Select Sector SPDR® ETF ETF is 85.58B. The market cap for tickers in the group ranges from 12.36B to 458.21B. XOM holds the highest valuation in this group at 458.21B. The lowest valued company is APA at 12.36B.

High and low price notable news

The average weekly price growth across all stocks in the Energy Select Sector SPDR® ETF ETF was 1%. For the same ETF, the average monthly price growth was 11%, and the average quarterly price growth was 32%. VLO experienced the highest price growth at 1%, while EQT experienced the biggest fall at -7%.

Volume

The average weekly volume growth across all stocks in the Energy Select Sector SPDR® ETF ETF was -60%. For the same stocks of the ETF, the average monthly volume growth was 1% and the average quarterly volume growth was -33%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 62
P/E Growth Rating: 58
Price Growth Rating: 28
SMR Rating: 36
Profit Risk Rating: 52
Seasonality Score: 22 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published General Information

General Information

Category Energy

Profile
Fundamentals
Details
Category
Equity Energy
Address
One Lincoln Street Cph0326Boston
Phone
N/A
Web
www.spdrs.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
NAD10.460.04
+0.38%
Nuveen Quality Municipal Income Fund
GBUY25.510.09
+0.35%
Goldman Sachs Future Consumer Equity ETF
GSEW60.33-0.16
-0.26%
Goldman Sachs Equal Wght US Lg Cp Eq ETF
OEUR26.09-0.09
-0.33%
ALPS O'Shares Europe Quality Div ETF
FLYU29.95-1.27
-4.06%
MicroSectors™ Travel 3X Leveraged ETNs

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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To XLE
1D Price
Change %
XLE100%
+0.17%
FENY - XLE
100%
Closely correlated
+0.24%
IYE - XLE
100%
Closely correlated
+0.04%
VDE - XLE
100%
Closely correlated
+0.22%
IXC - XLE
98%
Closely correlated
+0.22%
DRLL - XLE
98%
Closely correlated
+0.10%
More