| ERY latest price $83.4977 (0.77%) ($81.6729 - $85.3225) on Fri. Jun. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 32 |
Latest Price | $83.4977(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.4% a day on average for past five trading days. |
Weekly Trend | ERY declines -2.5% 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) TLT(31%) VIXM(31%) UUP(22%) SHY(6%) IGOV(5%) |
Factors Impacting ERY price | ERY will decline at least -1.96% in a week (0% probabilities). XLE(-98%) XOP(-90%) OIH(-89%) IWD(-78%) 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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