| ERY latest price $12.0300 (7.89%) ($11.5800 - $12.0700) on Fri. Nov. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 70 |
Latest Price | $12.0300(7.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 2.1% a day on average for past five trading days. |
Weekly Trend | ERY advances 1.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(33%) IGOV(16%) TLT(15%) BND(9%) |
Factors Impacting ERY price | ERY will decline at least -1.725% in a week (0% probabilities). XOP(-90%) OIH(-90%) USO(-69%) XME(-64%) URA(-52%) |
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 | -1.725% (StdDev 3.45%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.8% |
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