| EW latest price $38.0300 (1.06%) ($37.5100 - $38.2700) on Mon. May. 22, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 70 |
Latest Price | $38.0300(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.1% a day on average for past five trading days. |
Weekly Trend | EW advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(62%) IWF(62%) SPY(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.865% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-9%) GDXJ(-4%) IGOV(-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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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