| ERX latest price $744.7000 (-0.69%) ($734.0000 - $746.6000) on Mon. Aug. 5, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 63 |
Latest Price | $744.7000(-0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERX advances 0.6% 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(87%) IWM(65%) SPY(65%) USO(62%) |
Factors Impacting ERX price | ERX will decline at least -1.415% in a week (0% probabilities). TLT(-25%) SHY(-5%) IGOV(-5%) BNDX(-4%) GLD(3%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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