| ERY latest price $101.6472 (2.59%) ($98.9840 - $103.2255) on Wed. Mar. 19, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 51 |
Latest Price | $101.6472(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERY advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) TLT(31%) UUP(15%) SHY(8%) IGOV(5%) BNDX(3%) |
Factors Impacting ERY price | ERY will decline at least -1.105% in a week (0% probabilities). XLE(-98%) XOP(-90%) OIH(-89%) XLB(-73%) XLF(-71%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
| |
|
|