| ERX latest price $329.7000 (2.39%) ($325.5000 - $333.8000) on Mon. Apr. 10, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 64 |
Latest Price | $329.7000(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.9% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.345% 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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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