| ERX latest price $407.9000 (2.1%) ($395.4000 - $410.6000) on Wed. Mar. 10, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 59 |
Latest Price | $407.9000(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.7% 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(89%) XOP(88%) IWM(71%) SPY(71%) EEM(65%) |
Factors Impacting ERX price | ERX will decline at least -1.81% in a week (0% probabilities). TLT(-33%) SHY(-9%) TIP(-1%) IGOV(5%) LQD(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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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