| EW latest price $56.7000 (-0.7%) ($56.6100 - $57.5700) on Tue. Feb. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 62 |
Latest Price | $56.7000(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.5% a day on average for past five trading days. |
Weekly Trend | EW advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.285% in a week (0% probabilities). VXX(-16%) UUP(-13%) TLT(-12%) VIXM(-11%) IFRA(-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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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