| IEA latest price $12.2700 (2.25%) ($11.6000 - $12.5500) on Tue. Nov. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.13% (three month average) |
RSI | 85 |
Latest Price | $12.2700(2.25%) |
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 23.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IEA advance at 0% a week (0% probability) ACES(49%) ICLN(49%) IWC(47%) IWM(45%) IWO(45%) |
Factors Impacting IEA price | IEA will decline at least -4.065% in a week (0% probabilities). VXX(-29%) VIXM(-26%) UUP(-15%) TLT(-13%) BND(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.065% (StdDev 8.13%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
| |
|
|