| ERX latest price $176.3000 (0%) ($175.2000 - $178.4000) on Tue. Dec. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 81 |
Latest Price | $176.3000(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 6.4% 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 -1.775% in a week (0% probabilities). VIXM(-50%) VXX(-21%) TLT(-21%) UUP(-8%) BNDX(1%) |
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 | -1.775% (StdDev 3.55%) |
Hourly BBV | -2.4 () |
Intraday Trend | -0.7% |
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