| ERY latest price $52.6500 (4.73%) ($50.4900 - $52.6500) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 57 |
Latest Price | $52.6500(4.73%) |
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 4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VXX(36%) VIXM(35%) TLT(29%) BND(19%) BNDX(13%) |
Factors Impacting ERY price | ERY will decline at least -2.78% in a week (0% probabilities). XOP(-94%) OIH(-91%) VYM(-66%) IWN(-66%) XME(-65%) |
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 | -2.78% (StdDev 5.56%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.3% |
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