| EW latest price $37.8900 (0.88%) ($37.4800 - $37.9300) on Thu. Aug. 31, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 47 |
Latest Price | $37.8900(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.2% a day on average for past five trading days. |
Weekly Trend | EW declines -1% 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 -0.535% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-10%) 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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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