| ERX latest price $284.5000 (-0.18%) ($280.5000 - $291.0000) on Mon. Mar. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 53 |
Latest Price | $284.5000(-0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERX declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(92%) OIH(90%) XOP(85%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -2.04% in a week (0% probabilities). TLT(-24%) VIXM(-20%) UUP(-18%) IGOV(-5%) DIA(-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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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