| ERX latest price $60.7500 (0.4%) ($59.0700 - $60.8400) on Sun. Jul. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 69 |
Latest Price | $60.7500(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.7% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting ERX price | ERX will decline at least -1.4% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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