| EW latest price $50.4900 (2.62%) ($49.1800 - $50.5300) on Thu. Nov. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 59 |
Latest Price | $50.4900(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.2% a day on average for past five trading days. |
Weekly Trend | EW declines -0.5% 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) SPY(64%) IVW(63%) IWF(63%) XLV(61%) IWO(60%) |
Factors Impacting EW price | EW will decline at least -1.045% in a week (0% probabilities). VXX(-17%) VIXM(-14%) TLT(-14%) UUP(-11%) GDXJ(-4%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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