| ERX latest price $23.7900 (-9.27%) ($23.5700 - $25.8760) on Thu. Mar. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 60 |
Latest Price | $23.7900(-9.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -3% 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 | 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(79%) XOP(75%) IWD(58%) IFRA(56%) |
Factors Impacting ERX price | ERX will decline at least -2.19% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-12%) SHY(-10%) BNDX(-10%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.19% (StdDev 4.38%) |
Hourly BBV | -3.2 () |
Intraday Trend | -7.3% |
| |
|
|