| ERX latest price $300.5000 (2.39%) ($280.5000 - $306.8000) on Wed. Sep. 2, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 38 |
Latest Price | $300.5000(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.8% a day on average for past five trading days. |
Weekly Trend | ERX declines -9.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(93%) OIH(89%) XOP(87%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -2.535% in a week (0% probabilities). VIXM(-28%) TLT(-25%) UUP(-14%) IGOV(-6%) SHY(-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 | -2.535% (StdDev 5.07%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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