| ERX latest price $452.5000 (8.77%) ($401.6000 - $461.9000) on Tue. Oct. 18, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.2% (three month average) |
RSI | 68 |
Latest Price | $452.5000(8.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 3.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 15.8% 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(68%) SPY(67%) USO(62%) |
Factors Impacting ERX price | ERX will decline at least -4.1% in a week (0% probabilities). TLT(-29%) SHY(-6%) IGOV(1%) TIP(3%) LQD(9%) |
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 | -4.1% (StdDev 8.2%) |
Hourly BBV | 0 () |
Intraday Trend | 8.8% |
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