| ERX latest price $763.4000 (3%) ($739.8000 - $766.2000) on Fri. Feb. 7, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 41 |
Latest Price | $763.4000(3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.4% a day on average for past five trading days. |
Weekly Trend | ERX declines -5.8% 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) XLE(93%) OIH(89%) XOP(87%) IWM(65%) SPY(64%) |
Factors Impacting ERX price | ERX will decline at least -1.245% in a week (0% probabilities). TLT(-25%) UUP(-13%) SHY(-5%) IGOV(-5%) BNDX(-4%) |
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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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