| ERY latest price $50.2700 (2.76%) ($48.3100 - $50.8100) on Tue. Aug. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.58% (three month average) |
RSI | 55 |
Latest Price | $50.2700(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.9% a day on average for past five trading days. |
Weekly Trend | ERY advances 2.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(29%) BND(19%) BNDX(13%) |
Factors Impacting ERY price | ERY will decline at least -2.79% in a week (0% probabilities). XOP(-94%) OIH(-91%) VYM(-66%) IWN(-66%) 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 | -2.79% (StdDev 5.58%) |
Hourly BBV | -0.2 () |
Intraday Trend | 3.9% |
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