| ERX latest price $145.3000 (-1.62%) ($145.3000 - $150.7000) on Thu. Aug. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 39 |
Latest Price | $145.3000(-1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.6% a day on average for past five trading days. |
Weekly Trend | ERX declines -3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.96% in a week (0% probabilities). VIXM(-50%) VXX(-22%) TLT(-22%) UUP(-7%) IFRA(-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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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