| ERX latest price $237.3000 (1.02%) ($226.0000 - $237.7000) on Tue. Jan. 5, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 52 |
Latest Price | $237.3000(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.1% a day on average for past five trading days. |
Weekly Trend | ERX declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(93%) OIH(89%) XOP(87%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -2.52% in a week (0% probabilities). VIXM(-25%) TLT(-25%) UUP(-16%) IGOV(-5%) SHY(-4%) |
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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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