| ERX latest price $236.0000 (-3.79%) ($234.0000 - $242.9000) on Tue. Apr. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 51 |
Latest Price | $236.0000(-3.79%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.59% in a week (0% probabilities). TLT(-23%) UUP(-20%) VXX(-19%) VIXM(-14%) IGOV(-6%) |
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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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