| ERY latest price $27.2500 (0.81%) ($27.1500 - $28.6300) on Fri. Jan. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.43% (three month average) |
RSI | 28 |
Latest Price | $27.2500(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 2.1% a day on average for past five trading days. |
Weekly Trend | ERY declines -8.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ERY advance at 0% a week (0% probability) VXX(39%) VIXM(33%) TLT(25%) BND(17%) UUP(16%) |
Factors Impacting ERY price | ERY will decline at least -3.215% in a week (0% probabilities). XOP(-92%) OIH(-90%) USO(-66%) XME(-65%) VYM(-59%) |
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 | -3.215% (StdDev 6.43%) |
Hourly BBV | 0.7 () |
Intraday Trend | -3.3% |
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