| ERX latest price $315.1000 (5.46%) ($303.0000 - $317.8000) on Wed. Apr. 27, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 82 |
Latest Price | $315.1000(5.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 10% a week on average for past two weeks. |
Market Behavior | Value stock 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(92%) OIH(90%) XOP(86%) IWD(74%) IVE(72%) |
Factors Impacting ERX price | ERX will decline at least -2.575% 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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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