| ERY latest price $60.8601 (1.23%) ($60.1696 - $62.2904) on Wed. Oct. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 39 |
Latest Price | $60.8601(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.2% a day on average for past five trading days. |
Weekly Trend | ERY declines -6.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) TLT(31%) VIXM(30%) UUP(21%) IPO(9%) IGOV(6%) |
Factors Impacting ERY price | ERY will decline at least -1.88% 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 | -1.88% (StdDev 3.76%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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