| ERX latest price $375.8000 (4.07%) ($368.8000 - $389.2000) on Wed. Jun. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 43 |
Latest Price | $375.8000(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.3% a day on average for past five trading days. |
Weekly Trend | ERX declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(85%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -1.905% in a week (0% probabilities). TLT(-24%) VXX(-20%) VIXM(-19%) UUP(-18%) IPO(-7%) |
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 | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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