| ERY latest price $43.0400 (1.92%) ($42.0700 - $43.5000) on Thu. Mar. 7, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 48 |
Latest Price | $43.0400(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.1% a day on average for past five trading days. |
Weekly Trend | ERY declines -0.2% 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(33%) UUP(29%) VXX(27%) VIXM(24%) XHB(11%) |
Factors Impacting ERY price | ERY will decline at least -2.365% 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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|