| ERX latest price $342.7000 (3.71%) ($333.8000 - $345.4000) on Fri. Oct. 1, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 69 |
Latest Price | $342.7000(3.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 4.3% 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(70%) SPY(70%) EEM(63%) |
Factors Impacting ERX price | ERX will decline at least -1.925% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(0%) IGOV(4%) LQD(7%) |
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 | -1.925% (StdDev 3.85%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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