| ERX latest price $301.6000 (3.15%) ($296.6000 - $303.0000) on Fri. Sep. 10, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 62 |
Latest Price | $301.6000(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 6.7% 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(70%) SPY(70%) EEM(64%) |
Factors Impacting ERX price | ERX will decline at least -2.14% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(0%) IGOV(4%) 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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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