| EW latest price $36.4300 (10.49%) ($35.5800 - $37.6800) on Wed. Apr. 26, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 87 |
Latest Price | $36.4300(10.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 2.6% a day on average for past five trading days. |
Weekly Trend | EW advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(62%) IVW(61%) SPY(61%) XLV(59%) IWO(58%) |
Factors Impacting EW price | EW will decline at least -1.05% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-9%) GDXJ(-4%) IGOV(-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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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