| ERY latest price $69.1300 (9.04%) ($62.4400 - $69.2700) on Wed. Sep. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 76 |
Latest Price | $69.1300(9.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 4% a day on average for past five trading days. |
Weekly Trend | ERY advances 4.9% 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) VXX(37%) VIXM(36%) TLT(28%) BND(19%) BNDX(13%) |
Factors Impacting ERY price | ERY will decline at least -2.24% 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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 2.6 () |
Intraday Trend | 9.8% |
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