| ERX latest price $251.5000 (6.93%) ($243.3000 - $256.1200) on Mon. Dec. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 50 |
Latest Price | $251.5000(6.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 2.4% a day on average for past five trading days. |
Weekly Trend | ERX declines -1% 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(85%) IWD(74%) IVE(73%) |
Factors Impacting ERX price | ERX will decline at least -2.145% in a week (0% probabilities). TLT(-24%) VXX(-20%) UUP(-18%) VIXM(-16%) DIA(-8%) |
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 | -2.145% (StdDev 4.29%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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