| ERX latest price $311.8000 (2.33%) ($302.2000 - $318.0000) on Fri. Dec. 1, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 46 |
Latest Price | $311.8000(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 1.6% a day on average for past five trading days. |
Weekly Trend | ERX advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based 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(73%) |
Factors Impacting ERX price | ERX will decline at least -1.025% in a week (0% probabilities). TLT(-23%) VIXM(-22%) UUP(-19%) IGOV(-5%) SHY(-2%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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