| ERX latest price $15.3000 (-6.48%) ($15.1500 - $16.3100) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.3% (three month average) |
RSI | 44 |
Latest Price | $15.3000(-6.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -2.7% a day on average for past five trading days. |
Weekly Trend | ERX declines -6.2% 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 -3.15% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TLT(-12%) VXX(-10%) SHY(-10%) |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.15% (StdDev 6.3%) |
Hourly BBV | -1.8 () |
Intraday Trend | -4% |
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