| ERX latest price $435.7000 (3.47%) ($419.0000 - $444.5000) on Tue. Dec. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 74 |
Latest Price | $435.7000(3.47%) |
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 8.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.875% in a week (0% probabilities). TLT(-23%) VIXM(-22%) UUP(-17%) IPO(-5%) IGOV(-5%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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