| ERX latest price $67.0600 (0.09%) ($65.6800 - $67.7000) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 66 |
Latest Price | $67.0600(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 6.5% 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(87%) IWD(60%) DIA(55%) IWN(53%) IWM(52%) |
Factors Impacting ERX price | ERX will decline at least -2.325% in a week (0% probabilities). SHY(-20%) BNDX(-20%) UUP(-12%) VIXM(-9%) TBT(-3%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.1% |
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