| ERX latest price $59.0900 (2.53%) ($57.6300 - $59.1300) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 56 |
Latest Price | $59.0900(2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.3% a day on average for past five trading days. |
Weekly Trend | ERX advances 0.3% 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) IDRV(89%) ONLN(88%) DRIV(81%) OIH(90%) PAVE(79%) |
Factors Impacting ERX price | ERX will decline at least -1.36% in a week (0% probabilities). EDOC(-76%) UUP(-40%) TBT(-39%) SHY(-1%) XLP(-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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 1 () |
Intraday Trend | 1.7% |
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