| ERX latest price $230.3000 (0.52%) ($220.0000 - $233.4000) on Mon. Mar. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 75 |
Latest Price | $230.3000(0.52%) |
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 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.365% 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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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