| ERX latest price $189.5000 (-3.56%) ($188.1000 - $199.0000) on Thu. Jul. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 47 |
Latest Price | $189.5000(-3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.2% 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 | 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(84%) IWD(74%) IWN(73%) |
Factors Impacting ERX price | ERX will decline at least -1.62% in a week (0% probabilities). VIXM(-51%) TLT(-23%) VXX(-22%) UUP(-7%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
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