| ERX latest price $55.2300 (-2.52%) ($55.2120 - $56.9800) on Wed. Nov. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 20 |
Latest Price | $55.2300(-2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -1.1% a day on average for past five trading days. |
Weekly Trend | ERX declines -4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XOP(94%) OIH(91%) XME(72%) USO(71%) SPY(66%) |
Factors Impacting ERX price | ERX will decline at least -1.33% in a week (0% probabilities). UUP(-30%) VXX(-25%) SHY(-10%) BNDX(-10%) VIXM(-8%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.33% (StdDev 2.66%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1.8% |
| |
|
|