RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XLE
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Green day on Thursday for XLE
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 05, 2024 Gain 8.70% PDF

The XLE ETF price gained 1.08% on the last trading day (Thursday, 28th Mar 2024), rising from $93.40 to $94.41. During the last trading day the ETF fluctuated 1.16% from a day low at $93.50 to a day high of $94.58. The price has risen in 6 of the last 10 days and is up by 3.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 324 thousand more shares were traded than the day before. In total, 17 million shares were bought and sold for approximately $1.62 billion.

The ETF lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 12.92% during the next 3 months and, with a 90% probability hold a price between $100.25 and $109.35 at the end of this 3-month period.

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XLE Signals & Forecast

Mostly positive signals in the chart today. The XLE ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $92.94 and $88.18. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, January 18, 2024, and so far it has risen 18.19%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for XLE ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $84.61 and $83.40. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, XLE finds support just below today's level at $84.61. If this is broken, then the next support from accumulated volume will be at $83.40 and $83.31.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $1.08 between high and low, or 1.16%. For the last week, the ETF has had daily average volatility of 1.16%.

Our recommended stop-loss: $91.26 (-3.34%) (This ETF has medium daily movements and this gives medium risk. The RSI14 is 83 and this increases the risk substantially. There is a buy signal from a pivot bottom found 49 days ago.)

Trading Expectations (XLE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Energy Select Sector SPDR Fund to open at $94.16, and during the day (based on 14 day Average True Range), to move between $93.20 and $95.62, which gives a possible trading interval of +/-$1.21 (+/-1.28%) up or down from last closing price. If Energy Select Sector SPDR Fund takes out the full calculated possible swing range there will be an estimated 2.56% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $84.61, some $9.80 (10.38%) from the current price of $94.41, our system finds the risk reward attractive.

Is Energy Select Sector SPDR Fund ETF A Buy?

XLE holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.562 Strong Buy Candidate Unchanged

Predicted Opening Price for Energy Select Sector SPDR Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$94.16 ( 0.263%) $94.41

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XLE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 95.25 0.89 %
R2 94.83 0.447 %
R1 94.58 0.176 %
Current price: 94.41
Support S1 93.75 -0.702 %
S2 93.49 -0.97 %
S3 93.08 -1.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 94.41
Support S1 84.61 -10.38%
S2 83.40 -11.66%
S3 83.31 -11.76%

XLE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 21, 2024 $0.734 0.793%
2 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.80 0.95%
3 Jan 13, 2023 Sep 18, 2023 Sep 21, 2023 $0.674 0.756%
4 Jan 13, 2023 Jun 20, 2023 Jun 23, 2023 $0.706 0.91%
5 Jan 13, 2023 Mar 20, 2023 Mar 23, 2023 $0.795 1.02%

FAQ

What is the symbol for XLE ETF and on which exchange is it traded?
The symbol for XLE is XLE and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell XLE ETF?
XLE holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy XLE ETF?
XLE ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy XLE ETF.

What's the current price of XLE ETF?
As of the end of day on the 2024-03-28, the price of an XLE (XLE) share was $94.41.

What is the 52-week high and low for XLE ETF?
The 52-week high for XLE ETF is $94.58 and the 52-week low is $76.25.

What is the market capitalization of XLE ETF?
As of the 2024-03-28, the market capitalization of XLE is 17.6B.
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About Energy Select Sector SPDR Fund

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 securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.... XLE Profile

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