| ERX latest price $355.2000 (-3.37%) ($351.2000 - $360.6000) on Fri. Apr. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 83 |
Latest Price | $355.2000(-3.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.4% a day on average for past five trading days. |
Weekly Trend | ERX advances 7.2% 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 -2.31% in a week (0% probabilities). TLT(-24%) VIXM(-19%) UUP(-18%) IGOV(-5%) DIA(-5%) |
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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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