| ERX latest price $1118.5000 (1.08%) ($1099.8000 - $1122.5000) on Tue. Jun. 3, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 56 |
Latest Price | $1118.5000(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.7% a day on average for past five trading days. |
Weekly Trend | ERX advances 1.9% 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%) XLB(67%) IWM(66%) |
Factors Impacting ERX price | ERX will decline at least -1.02% in a week (0% probabilities). VIXM(-30%) TLT(-25%) UUP(-13%) SHY(-5%) IGOV(-5%) |
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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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