| EW latest price $31.9000 (3.77%) ($31.4800 - $33.4900) on Thu. Feb. 23, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 74 |
Latest Price | $31.9000(3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.2% a day on average for past five trading days. |
Weekly Trend | EW advances 1% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(61%) IWF(61%) SPY(61%) XLV(59%) IWO(58%) |
Factors Impacting EW price | EW will decline at least -0.895% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-9%) GDXJ(-4%) IPO(-3%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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