| ERX latest price $14.4000 (0.35%) ($14.0700 - $14.9350) on Mon. Jan. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.27% (three month average) |
RSI | 31 |
Latest Price | $14.4000(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -0.1% a day on average for past five trading days. |
Weekly Trend | ERX declines -5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ERX advance at 0% a week (0% probability) OIH(91%) XLE(81%) XOP(76%) IWD(58%) IFRA(57%) |
Factors Impacting ERX price | ERX will decline at least -3.135% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TLT(-13%) VXX(-10%) SHY(-10%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.135% (StdDev 6.27%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2% |
| |
|
|