| IEA latest price $11.1300 (6.61%) ($10.3500 - $11.2700) on Tue. Dec. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8% (three month average) |
RSI | 39 |
Latest Price | $11.1300(6.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 2% a day on average for past five trading days. |
Weekly Trend | IEA declines -7.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IEA advance at 0% a week (0% probability) ICLN(51%) ACES(50%) TAN(48%) IWC(46%) IWM(45%) |
Factors Impacting IEA price | IEA will decline at least -4% in a week (0% probabilities). VXX(-28%) VIXM(-27%) UUP(-17%) TLT(-13%) IGOV(-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% (StdDev 8%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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