| EW latest price $49.5100 (1.54%) ($48.9200 - $49.7200) on Tue. Jun. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 78 |
Latest Price | $49.5100(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.9% a day on average for past five trading days. |
Weekly Trend | EW advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal 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 -0.745% 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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