| ERX latest price $222.7000 (0.86%) ($219.4000 - $227.7900) on Fri. Feb. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 55 |
Latest Price | $222.7000(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -2.52% 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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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