| ERY latest price $171.3355 (7.19%) ($158.2166 - $173.1603) on Thu. Jan. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 66 |
Latest Price | $171.3355(7.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 3.3% a day on average for past five trading days. |
Weekly Trend | ERY advances 0.5% 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 ERY advance at 0% a week (0% probability) VIXM(33%) TLT(32%) UUP(20%) SHY(7%) IGOV(5%) |
Factors Impacting ERY price | ERY will decline at least -2.6% in a week (0% probabilities). XLE(-98%) XOP(-90%) OIH(-89%) IWD(-79%) IVE(-78%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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