| EW latest price $46.0800 (0.35%) ($45.5900 - $46.2700) on Thu. Mar. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 61 |
Latest Price | $46.0800(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.8% a day on average for past five trading days. |
Weekly Trend | EW advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(63%) IWF(63%) SPY(63%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.71% 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 | -0.71% (StdDev 1.42%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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