| ERY latest price $57.4300 (-4.32%) ($56.6510 - $59.6100) on Wed. Aug. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 64 |
Latest Price | $57.4300(-4.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.4% a day on average for past five trading days. |
Weekly Trend | ERY advances 4.5% 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) VIXM(58%) VXX(56%) TLT(32%) IFRA(12%) IGOV(6%) |
Factors Impacting ERY price | ERY will decline at least -1.99% in a week (0% probabilities). XLE(-98%) OIH(-90%) XOP(-89%) IWD(-80%) XLF(-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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
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