| ERY latest price $33.6183 (3.62%) ($32.9519 - $34.3742) on Mon. Jul. 16, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 39 |
Latest Price | $33.6183(3.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.1% a day on average for past five trading days. |
Weekly Trend | ERY declines -2.3% a week on average for past two weeks. |
Market Behavior | Normal 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(33%) VXX(29%) VIXM(27%) UUP(25%) DIA(11%) |
Factors Impacting ERY price | ERY will decline at least -1.7% in a week (0% probabilities). XLE(-98%) XOP(-89%) OIH(-89%) IWD(-80%) IVE(-79%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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