| ERX latest price $1135.6000 (1.74%) ($1107.3000 - $1140.1000) on Thu. Jun. 5, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 77 |
Latest Price | $1135.6000(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.4% a day on average for past five trading days. |
Weekly Trend | ERX advances 2.8% 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) XLE(93%) OIH(89%) XOP(87%) XLB(67%) IWM(66%) |
Factors Impacting ERX price | ERX will decline at least -0.99% in a week (0% probabilities). VIXM(-30%) TLT(-25%) UUP(-13%) SHY(-5%) IGOV(-5%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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