| ERY latest price $70.7700 (4.24%) ($66.6700 - $70.8300) on Mon. Oct. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 52 |
Latest Price | $70.7700(4.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 1.7% a day on average for past five trading days. |
Weekly Trend | ERY declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.035% 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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 2.2 () |
Intraday Trend | 5% |
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