| ERX latest price $14.4400 (4.71%) ($13.7800 - $14.6200) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.11% (three month average) |
RSI | 64 |
Latest Price | $14.4400(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 4.5% a day on average for past five trading days. |
Weekly Trend | ERX advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(88%) XOP(83%) IWD(67%) IWN(67%) |
Factors Impacting ERX price | ERX will decline at least -7.555% in a week (0% probabilities). VIXM(-36%) TLT(-19%) UUP(-18%) VXX(-14%) BNDX(-10%) |
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 | -7.555% (StdDev 15.11%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.9% |
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