| ERX latest price $144.9000 (4.17%) ($142.5000 - $148.4000) on Fri. Oct. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 30 |
Latest Price | $144.9000(4.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.5% a day on average for past five trading days. |
Weekly Trend | ERX declines -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 -2.105% 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 | -2.105% (StdDev 4.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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