| IEA latest price $21.8000 (-6.92%) ($21.6100 - $23.9900) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.24% (three month average) |
RSI | 74 |
Latest Price | $21.8000(-6.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | IEA advances 3.1% a day on average for past five trading days. |
Weekly Trend | IEA advances 14.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(53%) ICLN(53%) TAN(49%) IWC(48%) IWM(47%) |
Factors Impacting IEA price | IEA will decline at least -3.62% in a week (0% probabilities). VXX(-31%) VIXM(-30%) UUP(-18%) 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 | -3.62% (StdDev 7.24%) |
Hourly BBV | 0 () |
Intraday Trend | -6.4% |
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