| ERY latest price $52.3800 (3.54%) ($50.3900 - $53.3300) on Wed. Jun. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 71 |
Latest Price | $52.3800(3.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.6% a day on average for past five trading days. |
Weekly Trend | ERY advances 10.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VXX(56%) TLT(33%) IFRA(10%) IGOV(6%) BNDX(-2%) |
Factors Impacting ERY price | ERY will decline at least -1.675% in a week (0% probabilities). XLE(-98%) OIH(-90%) XOP(-89%) IWD(-80%) XLF(-79%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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