| ERY latest price $53.3400 (9.26%) ($51.3600 - $54.1200) on Mon. Aug. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 77 |
Latest Price | $53.3400(9.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 3.6% a day on average for past five trading days. |
Weekly Trend | ERY advances 4.6% 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(59%) VXX(56%) TLT(33%) IFRA(11%) IGOV(7%) |
Factors Impacting ERY price | ERY will decline at least -1.695% in a week (0% probabilities). XLE(-98%) OIH(-90%) XOP(-89%) IWD(-80%) IVE(-80%) |
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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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