| ERX latest price $518.1000 (1.63%) ($499.1000 - $520.4000) on Fri. Dec. 3, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 61 |
Latest Price | $518.1000(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 4.1% 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(70%) SPY(69%) EEM(63%) |
Factors Impacting ERX price | ERX will decline at least -1.58% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(0%) IGOV(4%) LQD(7%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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