| ERX latest price $538.0000 (3.56%) ($526.2000 - $539.3000) on Mon. Jun. 22, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 39 |
Latest Price | $538.0000(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.4% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.4% 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 -1.35% in a week (0% probabilities). VIXM(-28%) TLT(-25%) UUP(-13%) IGOV(-7%) 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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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