| EW latest price $56.4000 (0.91%) ($55.7600 - $56.7000) on Thu. Jan. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 77 |
Latest Price | $56.4000(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.5% a day on average for past five trading days. |
Weekly Trend | EW advances 5.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(62%) SPY(62%) IVW(61%) XLV(60%) DIA(58%) |
Factors Impacting EW price | EW will decline at least -1.325% in a week (0% probabilities). VXX(-16%) VIXM(-12%) UUP(-12%) TLT(-12%) XHB(-2%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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