| ERX latest price $268.8000 (3.23%) ($257.2000 - $268.8000) on Thu. Jul. 27, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 75 |
Latest Price | $268.8000(3.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.7% a day on average for past five trading days. |
Weekly Trend | ERX advances 2.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(92%) OIH(90%) XOP(86%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -1.465% in a week (0% probabilities). TLT(-23%) VIXM(-22%) UUP(-18%) IGOV(-5%) SHY(-3%) |
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 | -1.465% (StdDev 2.93%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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