| EW latest price $22.6300 (0.89%) ($22.2600 - $22.7700) on Wed. Mar. 4, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 65 |
Latest Price | $22.6300(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(58%) XLV(58%) QQQ(55%) IVE(53%) VT(53%) |
Factors Impacting EW price | EW will decline at least -0.795% in a week (0% probabilities). VIXM(-22%) TLT(-12%) UUP(-5%) IGOV(-3%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.795% (StdDev 1.59%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|