| EW latest price $54.4800 (0.89%) ($54.0100 - $55.1000) on Mon. Dec. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 74 |
Latest Price | $54.4800(0.89%) |
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 3.6% 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) IWF(63%) SPY(63%) IVW(62%) XLV(61%) IVE(59%) |
Factors Impacting EW price | EW will decline at least -1.19% in a week (0% probabilities). VXX(-16%) VIXM(-13%) TLT(-13%) 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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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