| EW latest price $47.6100 (0.57%) ($47.1200 - $47.7900) on Fri. Jun. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 70 |
Latest Price | $47.6100(0.57%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(63%) SPY(63%) IVW(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.73% in a week (0% probabilities). VXX(-17%) VIXM(-16%) TLT(-13%) UUP(-11%) IFRA(-5%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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