| IEA latest price $16.0000 (7.53%) ($14.4100 - $16.4400) on Tue. Dec. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.18% (three month average) |
RSI | 70 |
Latest Price | $16.0000(7.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 7.9% a day on average for past five trading days. |
Weekly Trend | IEA advances 11.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IEA advance at 0% a week (0% probability) ACES(52%) ICLN(52%) TAN(49%) IWC(47%) IWO(46%) |
Factors Impacting IEA price | IEA will decline at least -4.09% in a week (0% probabilities). VXX(-29%) VIXM(-28%) UUP(-16%) TLT(-13%) BND(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.09% (StdDev 8.18%) |
Hourly BBV | 0 () |
Intraday Trend | 6.6% |
| |
|
|