| ERX latest price $193.7000 (0.94%) ($184.4000 - $194.2000) on Thu. Jan. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 61 |
Latest Price | $193.7000(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 4.3% a day on average for past five trading days. |
Weekly Trend | ERX advances 12.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) XLE(91%) OIH(90%) XOP(85%) IWD(74%) IVE(72%) |
Factors Impacting ERX price | ERX will decline at least -2.81% in a week (0% probabilities). TLT(-23%) UUP(-20%) VXX(-19%) VIXM(-16%) DIA(-11%) |
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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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