| ERX latest price $878.4000 (3.07%) ($839.7000 - $885.8000) on Tue. Mar. 29, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 58 |
Latest Price | $878.4000(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.4% a day on average for past five trading days. |
Weekly Trend | ERX advances 6.2% 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 -1.76% in a week (0% probabilities). TLT(-32%) SHY(-6%) 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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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