| EW latest price $28.9100 (-0.69%) ($28.8500 - $29.3000) on Mon. Mar. 28, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 47 |
Latest Price | $28.9100(-0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.2% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Normal 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 -1.095% in a week (0% probabilities). VIXM(-18%) TLT(-11%) UUP(-9%) SPLV(-7%) GDXJ(-2%) |
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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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