| ERX latest price $474.4000 (-0.32%) ($467.3000 - $491.7000) on Wed. Nov. 11, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 42 |
Latest Price | $474.4000(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.8% a day on average for past five trading days. |
Weekly Trend | ERX declines -0.6% 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(89%) XOP(88%) IWM(71%) SPY(71%) EEM(65%) |
Factors Impacting ERX price | ERX will decline at least -2.2% in a week (0% probabilities). TLT(-33%) SHY(-9%) TIP(-1%) LQD(6%) IGOV(6%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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