| ERX latest price $275.0000 (6.34%) ($262.0000 - $277.8000) on Thu. Mar. 29, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 47 |
Latest Price | $275.0000(6.34%) |
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 -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.195% in a week (0% probabilities). TLT(-24%) VIXM(-19%) 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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