| ERY latest price $16.8100 (5.86%) ($16.1000 - $16.8100) on Wed. Aug. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 56 |
Latest Price | $16.8100(5.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ERY advances 0.9% a day on average for past five trading days. |
Weekly Trend | ERY declines -2.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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(40%) VIXM(36%) TLT(20%) BND(12%) UUP(11%) |
Factors Impacting ERY price | ERY will decline at least -1.895% in a week (0% probabilities). XOP(-91%) OIH(-91%) USO(-68%) XME(-65%) IFRA(-57%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.895% (StdDev 3.79%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.5% |
| |
|
|