| ERX latest price $288.2000 (3.86%) ($280.5000 - $290.2000) on Fri. May. 19, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 52 |
Latest Price | $288.2000(3.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERX advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.385% in a week (0% probabilities). TLT(-23%) VIXM(-22%) UUP(-18%) 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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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