| ERY latest price $43.3500 (-4.7%) ($43.0600 - $44.6000) on Mon. Mar. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 60 |
Latest Price | $43.3500(-4.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.5% a day on average for past five trading days. |
Weekly Trend | ERY advances 2.1% 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%) UUP(29%) VXX(27%) VIXM(23%) FIVG(19%) |
Factors Impacting ERY price | ERY will decline at least -2.39% 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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
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