| EW latest price $45.9500 (1.19%) ($45.1600 - $46.0000) on Tue. Mar. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 76 |
Latest Price | $45.9500(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.4% a day on average for past five trading days. |
Weekly Trend | EW advances 1% 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) IVW(63%) IWF(63%) SPY(63%) QQQ(60%) XLV(60%) |
Factors Impacting EW price | EW will decline at least -0.745% in a week (0% probabilities). VIXM(-17%) TLT(-13%) UUP(-11%) 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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