| ERX latest price $385.6000 (-0.8%) ($382.6000 - $398.4000) on Fri. Aug. 14, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 53 |
Latest Price | $385.6000(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.9% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally 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%) IVE(73%) VYM(70%) |
Factors Impacting ERX price | ERX will decline at least -1.69% in a week (0% probabilities). VIXM(-28%) TLT(-25%) UUP(-13%) IGOV(-6%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.69% (StdDev 3.38%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|