| ERX latest price $388.3000 (0.47%) ($373.8000 - $398.2000) on Tue. Oct. 11, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.04% (three month average) |
RSI | 50 |
Latest Price | $388.3000(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 4.8% a day on average for past five trading days. |
Weekly Trend | ERX advances 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(68%) SPY(67%) USO(62%) |
Factors Impacting ERX price | ERX will decline at least -4.02% in a week (0% probabilities). TLT(-30%) SHY(-6%) IGOV(1%) TIP(3%) LQD(9%) |
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 | -4.02% (StdDev 8.04%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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