| ERX latest price $190.1000 (10.91%) ($160.5000 - $190.1000) on Wed. Feb. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.61% (three month average) |
RSI | 58 |
Latest Price | $190.1000(10.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.3% a day on average for past five trading days. |
Weekly Trend | ERX advances 7.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(92%) OIH(90%) XOP(87%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -3.305% in a week (0% probabilities). VIXM(-25%) TLT(-24%) UUP(-17%) SHY(-4%) IGOV(-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 | -3.305% (StdDev 6.61%) |
Hourly BBV | 0 () |
Intraday Trend | 6.3% |
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