| ERX latest price $399.8000 (1.06%) ($391.9000 - $406.1000) on Mon. Jun. 11, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 40 |
Latest Price | $399.8000(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.2% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.87% in a week (0% probabilities). TLT(-24%) VXX(-20%) VIXM(-19%) UUP(-18%) IFRA(-12%) |
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 | -1.87% (StdDev 3.74%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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