| ERX latest price $272.1000 (-5.88%) ($266.4000 - $288.2000) on Tue. Mar. 24, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.87% (three month average) |
RSI | 66 |
Latest Price | $272.1000(-5.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.1% a day on average for past five trading days. |
Weekly Trend | ERX advances 17.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(90%) XOP(89%) SPY(72%) IWM(71%) EEM(67%) |
Factors Impacting ERX price | ERX will decline at least -4.435% in a week (0% probabilities). TLT(-33%) SHY(-11%) TIP(-1%) LQD(6%) IGOV(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.435% (StdDev 8.87%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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