| ERY latest price $65.1350 (-18.72%) ($65.1151 - $82.1914) on Wed. Dec. 26, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 76 |
Latest Price | $65.1350(-18.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1% a day on average for past five trading days. |
Weekly Trend | ERY advances 19.6% 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 ERY advance at 0% a week (0% probability) TLT(33%) VXX(28%) UUP(26%) VIXM(25%) DIA(15%) |
Factors Impacting ERY price | ERY will decline at least -2.745% in a week (0% probabilities). XLE(-98%) OIH(-90%) XOP(-89%) IWD(-80%) IVE(-79%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.745% (StdDev 5.49%) |
Hourly BBV | 0 () |
Intraday Trend | -15.4% |
| |
|
|