| ERY latest price $39.0300 (-2.11%) ($38.9400 - $41.3700) on Thu. Jan. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 37 |
Latest Price | $39.0300(-2.11%) |
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% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VIXM(59%) VXX(56%) TLT(31%) UUP(-1%) BNDX(-7%) |
Factors Impacting ERY price | ERY will decline at least -1.62% 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.2% |
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