| ERY latest price $29.7200 (2.34%) ($28.2400 - $30.7700) on Wed. Jan. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.38% (three month average) |
RSI | 49 |
Latest Price | $29.7200(2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 3.3% a day on average for past five trading days. |
Weekly Trend | ERY advances 0.9% 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(39%) VIXM(33%) TLT(25%) BND(17%) UUP(15%) |
Factors Impacting ERY price | ERY will decline at least -3.19% 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 | -3.19% (StdDev 6.38%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0.9% |
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