| ERY latest price $56.8600 (5.41%) ($54.3400 - $56.8700) on Tue. Oct. 8, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 84 |
Latest Price | $56.8600(5.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 2% a day on average for past five trading days. |
Weekly Trend | ERY advances 11.5% 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(58%) VXX(56%) TLT(32%) IGOV(5%) UUP(-1%) |
Factors Impacting ERY price | ERY will decline at least -2.08% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.08% (StdDev 4.16%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|