| ERX latest price $768.9000 (-3.09%) ($758.7000 - $795.4000) on Tue. Feb. 15, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 70 |
Latest Price | $768.9000(-3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 4.1% 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(70%) SPY(69%) EEM(63%) |
Factors Impacting ERX price | ERX will decline at least -1.47% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(0%) IGOV(3%) 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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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