| EW latest price $26.7300 (1.71%) ($26.3600 - $26.9000) on Mon. Jan. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 52 |
Latest Price | $26.7300(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.5% a day on average for past five trading days. |
Weekly Trend | EW declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(58%) IWF(58%) SPY(58%) XLV(57%) IWO(55%) |
Factors Impacting EW price | EW will decline at least -0.83% in a week (0% probabilities). VIXM(-19%) TLT(-12%) UUP(-9%) GDXJ(-2%) IGOV(-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 | -0.83% (StdDev 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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