| ERX latest price $417.8000 (0.94%) ($412.6000 - $423.8000) on Mon. Dec. 28, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.22% (three month average) |
RSI | 69 |
Latest Price | $417.8000(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.7% a day on average for past five trading days. |
Weekly Trend | ERX advances 5.2% 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(88%) IWM(71%) SPY(71%) EEM(65%) |
Factors Impacting ERX price | ERX will decline at least -2.11% in a week (0% probabilities). TLT(-34%) SHY(-9%) TIP(-1%) IGOV(5%) LQD(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 | -2.11% (StdDev 4.22%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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