| ERX latest price $450.8000 (-0.53%) ($442.7000 - $461.6000) on Wed. Apr. 21, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 75 |
Latest Price | $450.8000(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.1% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.1% 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 -1.77% in a week (0% probabilities). TLT(-33%) 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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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