| ERX latest price $197.5000 (3.84%) ($194.0000 - $200.9000) on Fri. Jan. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.41% (three month average) |
RSI | 70 |
Latest Price | $197.5000(3.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 2.8% 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(91%) OIH(90%) XOP(85%) IWD(74%) IVE(72%) |
Factors Impacting ERX price | ERX will decline at least -2.705% in a week (0% probabilities). TLT(-23%) UUP(-20%) VXX(-19%) VIXM(-15%) XHB(-7%) |
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 | -2.705% (StdDev 5.41%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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