| IEA latest price $5.9400 (-0.5%) ($5.8345 - $6.2300) on Fri. Oct. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.19% (three month average) |
RSI | 68 |
Latest Price | $5.9400(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 2.7% a day on average for past five trading days. |
Weekly Trend | IEA advances 17.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support IEA advance at 0% a week (0% probability) ICLN(8%) KWEB(8%) SIL(8%) UNG(8%) BLOK(7%) |
Factors Impacting IEA price | IEA will decline at least -3.595% in a week (0% probabilities). XLE(-10%) XOP(-8%) TBT(-7%) JETS(-6%) IVE(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.595% (StdDev 7.19%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|