| EW latest price $50.6600 (2.32%) ($49.8700 - $51.2200) on Wed. Jun. 13, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 77 |
Latest Price | $50.6600(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.4% a day on average for past five trading days. |
Weekly Trend | EW advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off 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 -0.76% 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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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