| ERX latest price $415.3000 (-0.72%) ($405.6000 - $425.9000) on Fri. Sep. 18, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 67 |
Latest Price | $415.3000(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.8% a day on average for past five trading days. |
Weekly Trend | ERX advances 12.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(90%) XOP(88%) IWM(71%) SPY(71%) EEM(65%) |
Factors Impacting ERX price | ERX will decline at least -2.365% in a week (0% probabilities). TLT(-33%) SHY(-9%) TIP(-1%) LQD(6%) IGOV(6%) |
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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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