| ERY latest price $44.0800 (-5.61%) ($42.0000 - $46.7200) on Tue. Jun. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.1% (three month average) |
RSI | 45 |
Latest Price | $44.0800(-5.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 2.7% a day on average for past five trading days. |
Weekly Trend | ERY declines -5% 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(40%) VXX(40%) TLT(32%) BND(18%) UUP(15%) |
Factors Impacting ERY price | ERY will decline at least -6.05% in a week (0% probabilities). XOP(-94%) OIH(-92%) IWN(-71%) VYM(-70%) SDY(-69%) |
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 | -6.05% (StdDev 12.1%) |
Hourly BBV | 0.2 () |
Intraday Trend | 4.8% |
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