| ERY latest price $18.5500 (9.5%) ($17.1600 - $18.6600) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 40 |
Latest Price | $18.5500(9.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 3% a day on average for past five trading days. |
Weekly Trend | ERY declines -4.8% 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(34%) TLT(24%) UUP(17%) BND(16%) |
Factors Impacting ERY price | ERY will decline at least -2.19% in a week (0% probabilities). XOP(-92%) OIH(-91%) USO(-67%) XME(-65%) VYM(-58%) |
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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 3.2 () |
Intraday Trend | 7% |
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