| ERX latest price $154.1000 (-0.58%) ($153.2000 - $157.2900) on Wed. Dec. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 55 |
Latest Price | $154.1000(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.8% a day on average for past five trading days. |
Weekly Trend | ERX declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -1.875% in a week (0% probabilities). VIXM(-50%) VXX(-21%) TLT(-21%) UUP(-8%) IGOV(-4%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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