| ERX latest price $556.2000 (0.65%) ($541.2900 - $565.7300) on Thu. Apr. 2, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 67 |
Latest Price | $556.2000(0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stock rally 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%) IVE(73%) VYM(70%) |
Factors Impacting ERX price | ERX will decline at least -2.21% in a week (0% probabilities). VIXM(-28%) TLT(-25%) UUP(-13%) IGOV(-6%) SHY(-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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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