| ERY latest price $39.8800 (2.07%) ($38.6800 - $40.7500) on Wed. Mar. 27, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 41 |
Latest Price | $39.8800(2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERY declines -3.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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(23%) IFRA(9%) |
Factors Impacting ERY price | ERY will decline at least -1.75% 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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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