| ERX latest price $206.3000 (1.58%) ($204.7000 - $208.3000) on Thu. May. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 32 |
Latest Price | $206.3000(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERX declines -3.6% 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(91%) OIH(90%) XOP(85%) IWD(74%) IWN(73%) |
Factors Impacting ERX price | ERX will decline at least -1.515% in a week (0% probabilities). VXX(-23%) TLT(-23%) VIXM(-14%) UUP(-7%) IGOV(-6%) |
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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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