| ERX latest price $44.9900 (5.44%) ($43.0100 - $45.1200) on Fri. Feb. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 50 |
Latest Price | $44.9900(5.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(70%) XOP(66%) IWD(57%) IFRA(56%) |
Factors Impacting ERX price | ERX will decline at least -1.69% in a week (0% probabilities). VIXM(-22%) UUP(-19%) SHY(-11%) BNDX(-7%) 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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.5% |
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