| ERY latest price $49.5000 (-4.5%) ($48.8700 - $53.7900) on Tue. Jun. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.78% (three month average) |
RSI | 65 |
Latest Price | $49.5000(-4.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.1% a day on average for past five trading days. |
Weekly Trend | ERY advances 6.2% 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(37%) VXX(37%) TLT(30%) BND(19%) UUP(15%) |
Factors Impacting ERY price | ERY will decline at least -3.89% in a week (0% probabilities). XOP(-94%) OIH(-92%) VYM(-68%) IWN(-68%) IVE(-67%) |
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 | -3.89% (StdDev 7.78%) |
Hourly BBV | -2.6 () |
Intraday Trend | -6.9% |
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