| ERX latest price $1176.4000 (1.09%) ($1146.2000 - $1181.8700) on Wed. Jun. 11, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 84 |
Latest Price | $1176.4000(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.1% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.8% 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 -0.965% 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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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