| ERX latest price $1211.7000 (-0.67%) ($1202.7000 - $1226.3000) on Wed. Aug. 27, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 72 |
Latest Price | $1211.7000(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.3% a day on average for past five trading days. |
Weekly Trend | ERX advances 2.7% 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 -1.18% 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 | -1.18% (StdDev 2.36%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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