| ERX latest price $600.4000 (4.71%) ($576.4000 - $604.3000) on Thu. Apr. 9, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 70 |
Latest Price | $600.4000(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.7% a day on average for past five trading days. |
Weekly Trend | ERX advances 4.6% 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 -2.055% 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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