| ERX latest price $311.7000 (3.55%) ($296.3000 - $313.6000) on Tue. Jun. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.51% (three month average) |
RSI | 60 |
Latest Price | $311.7000(3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.4% a day on average for past five trading days. |
Weekly Trend | ERX declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.755% in a week (0% probabilities). VIXM(-23%) TLT(-23%) UUP(-17%) IGOV(-5%) SHY(-3%) |
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 | -1.755% (StdDev 3.51%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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