| ERY latest price $43.0065 (12.66%) ($39.9980 - $43.5490) on Fri. Feb. 2, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 69 |
Latest Price | $43.0065(12.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 3.9% a day on average for past five trading days. |
Weekly Trend | ERY advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) TLT(32%) VIXM(30%) UUP(25%) DIA(6%) IGOV(5%) |
Factors Impacting ERY price | ERY will decline at least -1.61% in a week (0% probabilities). XLE(-98%) XOP(-89%) OIH(-89%) IWD(-79%) IVE(-79%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.61% (StdDev 3.22%) |
Hourly BBV | 0 () |
Intraday Trend | 7.1% |
| |
|
|