| ERX latest price $45.2300 (3.08%) ($44.7800 - $46.6650) on Fri. Feb. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 68 |
Latest Price | $45.2300(3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 6.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(71%) XOP(66%) IWD(56%) IFRA(54%) |
Factors Impacting ERX price | ERX will decline at least -1.72% in a week (0% probabilities). VIXM(-21%) UUP(-19%) SHY(-10%) BNDX(-6%) VXX(-5%) |
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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
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