| ERX latest price $168.1000 (0%) ($165.4000 - $174.4000) on Wed. Sep. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.94% (three month average) |
RSI | 63 |
Latest Price | $168.1000(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 8.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(84%) IWD(74%) IVE(72%) |
Factors Impacting ERX price | ERX will decline at least -1.97% in a week (0% probabilities). VIXM(-50%) VXX(-22%) TLT(-22%) UUP(-8%) IGOV(-5%) |
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 | -1.97% (StdDev 3.94%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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