| ERX latest price $122.5000 (-1.53%) ($120.3000 - $123.6000) on Mon. Feb. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 28 |
Latest Price | $122.5000(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1% a day on average for past five trading days. |
Weekly Trend | ERX declines -8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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%) IWN(73%) |
Factors Impacting ERX price | ERX will decline at least -1.66% in a week (0% probabilities). VIXM(-50%) VXX(-21%) TLT(-20%) SHY(-13%) UUP(-8%) |
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 | -1.66% (StdDev 3.32%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.9% |
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