| IEA latest price $10.3100 (-7.7%) ($10.0400 - $11.1800) on Thu. Nov. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.1% (three month average) |
RSI | 60 |
Latest Price | $10.3100(-7.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 1.9% a day on average for past five trading days. |
Weekly Trend | IEA advances 20.5% 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 IEA advance at 0% a week (0% probability) ACES(49%) ICLN(49%) IWC(48%) IWM(46%) IWO(45%) |
Factors Impacting IEA price | IEA will decline at least -4.05% in a week (0% probabilities). VXX(-29%) VIXM(-26%) UUP(-17%) TLT(-13%) BND(-5%) |
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 | -4.05% (StdDev 8.1%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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