| ERX latest price $14.4700 (-0.96%) ($14.0400 - $14.8400) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.14% (three month average) |
RSI | 46 |
Latest Price | $14.4700(-0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 3% a day on average for past five trading days. |
Weekly Trend | ERX declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(86%) XOP(81%) IWD(62%) IWN(62%) |
Factors Impacting ERX price | ERX will decline at least -3.57% in a week (0% probabilities). VIXM(-29%) UUP(-18%) TLT(-17%) VXX(-11%) BNDX(-11%) |
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 | -3.57% (StdDev 7.14%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.6% |
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