| ERX latest price $56.6200 (-1.65%) ($56.2900 - $58.3600) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 59 |
Latest Price | $56.6200(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -0.4% a day on average for past five trading days. |
Weekly Trend | ERX advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XOP(93%) OIH(91%) SPY(82%) XME(81%) IBUY(69%) |
Factors Impacting ERX price | ERX will decline at least -1.325% in a week (0% probabilities). UUP(-33%) VXX(-31%) VIXM(-19%) BNDX(-15%) SHY(-11%) |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.325% (StdDev 2.65%) |
Hourly BBV | -1.7 () |
Intraday Trend | -3% |
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