| ERX latest price $285.3000 (-3.26%) ($278.7000 - $292.3000) on Mon. Apr. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.26% (three month average) |
RSI | 79 |
Latest Price | $285.3000(-3.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 11.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(92%) OIH(90%) XOP(86%) IWD(74%) IVE(72%) |
Factors Impacting ERX price | ERX will decline at least -2.63% in a week (0% probabilities). VIXM(-23%) TLT(-23%) UUP(-17%) IBUY(-9%) IGOV(-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 | -2.63% (StdDev 5.26%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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