| ERX latest price $9.5100 (-1.14%) ($9.2900 - $9.8380) on Fri. Oct. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 52 |
Latest Price | $9.5100(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX advances 0.1% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(85%) XOP(80%) IWD(61%) IWN(61%) |
Factors Impacting ERX price | ERX will decline at least -1.93% in a week (0% probabilities). VIXM(-29%) UUP(-17%) TLT(-15%) VXX(-11%) BNDX(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.93% (StdDev 3.86%) |
Hourly BBV | 0.6 () |
Intraday Trend | -2.3% |
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