| ERX latest price $832.2000 (0.88%) ($811.8000 - $839.9000) on Thu. Mar. 24, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 47 |
Latest Price | $832.2000(0.88%) |
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 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 -1.755% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(1%) 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 | -1.755% (StdDev 3.51%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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