| ERY latest price $77.1300 (-6.57%) ($76.8800 - $82.7500) on Wed. Mar. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 77 |
Latest Price | $77.1300(-6.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.8% a day on average for past five trading days. |
Weekly Trend | ERY advances 27.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VIXM(59%) VXX(56%) TLT(30%) SHY(22%) IGOV(6%) |
Factors Impacting ERY price | ERY will decline at least -2.54% 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 | -2.54% (StdDev 5.08%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.3% |
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