| IEA latest price $22.1800 (-0.63%) ($21.1400 - $24.1300) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.28% (three month average) |
RSI | 89 |
Latest Price | $22.1800(-0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 6.1% a day on average for past five trading days. |
Weekly Trend | IEA advances 15.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support IEA advance at 0% a week (0% probability) ACES(52%) ICLN(52%) TAN(49%) IWC(48%) IWM(47%) |
Factors Impacting IEA price | IEA will decline at least -3.64% in a week (0% probabilities). VXX(-31%) VIXM(-29%) UUP(-17%) TLT(-14%) 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 | -3.64% (StdDev 7.28%) |
Hourly BBV | 0 () |
Intraday Trend | -5.7% |
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