| ERX latest price $256.6000 (12.89%) ($239.0000 - $257.5000) on Wed. Dec. 23, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 40 |
Latest Price | $256.6000(12.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERX declines -7.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -2.775% in a week (0% probabilities). VIXM(-26%) TLT(-25%) UUP(-16%) IGOV(-5%) 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 0 () |
Intraday Trend | 6.3% |
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