| EW latest price $22.0600 (0.96%) ($21.8400 - $22.3800) on Wed. May. 20, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 63 |
Latest Price | $22.0600(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal 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 -0.915% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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