| ERX latest price $57.9400 (0.05%) ($56.8900 - $58.1300) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 49 |
Latest Price | $57.9400(0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 2.3% 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) OIH(90%) IDRV(89%) DRIV(81%) ONLN(89%) PAVE(80%) |
Factors Impacting ERX price | ERX will decline at least -1.355% in a week (0% probabilities). UUP(-40%) TBT(-39%) EDOC(-33%) SHY(-1%) XLP(1%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0.4% |
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