| ERX latest price $14.2700 (-5.25%) ($14.2200 - $15.4300) on Wed. May. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.36% (three month average) |
RSI | 69 |
Latest Price | $14.2700(-5.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -3.1% a day on average for past five trading days. |
Weekly Trend | ERX advances 10.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(92%) XLE(88%) XOP(83%) IWD(67%) IWN(67%) |
Factors Impacting ERX price | ERX will decline at least -7.68% in a week (0% probabilities). VIXM(-36%) TLT(-19%) UUP(-18%) VXX(-14%) BNDX(-10%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.68% (StdDev 15.36%) |
Hourly BBV | -0.7 () |
Intraday Trend | -6.1% |
| |
|
|