| ERY latest price $50.8000 (3.17%) ($48.5500 - $51.9400) on Wed. Jan. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.65% (three month average) |
RSI | 31 |
Latest Price | $50.8000(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERY declines -7% 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(33%) UUP(28%) VXX(27%) VIXM(24%) XHB(10%) |
Factors Impacting ERY price | ERY will decline at least -2.825% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.825% (StdDev 5.65%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
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