| ERY latest price $48.9900 (2.25%) ($47.5600 - $49.2900) on Wed. Aug. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 40 |
Latest Price | $48.9900(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.5% a day on average for past five trading days. |
Weekly Trend | ERY declines -3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VXX(36%) VIXM(35%) TLT(28%) BND(19%) BNDX(13%) |
Factors Impacting ERY price | ERY will decline at least -2.82% in a week (0% probabilities). XOP(-94%) OIH(-91%) VYM(-67%) IWN(-67%) XME(-65%) |
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 | -2.82% (StdDev 5.64%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2% |
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