| ERY latest price $65.0200 (-2.34%) ($64.8700 - $69.9980) on Thu. Oct. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 45 |
Latest Price | $65.0200(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.5% a day on average for past five trading days. |
Weekly Trend | ERY declines -3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VXX(37%) VIXM(36%) TLT(28%) BND(20%) BNDX(13%) |
Factors Impacting ERY price | ERY will decline at least -2.01% 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 | -2.01% (StdDev 4.02%) |
Hourly BBV | -0.6 () |
Intraday Trend | -5.6% |
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