| EW latest price $46.7600 (3.66%) ($45.3700 - $46.9100) on Mon. Mar. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 57 |
Latest Price | $46.7600(3.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.1% a day on average for past five trading days. |
Weekly Trend | EW declines -0.1% 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(63%) IWF(63%) SPY(63%) QQQ(60%) XLV(60%) |
Factors Impacting EW price | EW will decline at least -0.75% 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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