| ERX latest price $26.0100 (-1.03%) ($25.2150 - $26.5000) on Thu. Jul. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 44 |
Latest Price | $26.0100(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERX declines -1.6% a day on average for past five trading days. |
Weekly Trend | ERX declines -1.4% 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(77%) XOP(73%) IWD(58%) IFRA(56%) |
Factors Impacting ERX price | ERX will decline at least -1.8% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TLT(-11%) SHY(-11%) BNDX(-10%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | -0.9 () |
Intraday Trend | 2.5% |
| |
|
|