| EW latest price $57.5300 (0.81%) ($56.7400 - $57.6700) on Tue. Mar. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 38 |
Latest Price | $57.5300(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.5% a day on average for past five trading days. |
Weekly Trend | EW declines -1.6% a week on average for past two weeks. |
Market Behavior | Normal 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(62%) SPY(62%) IVW(61%) XLV(60%) DIA(58%) |
Factors Impacting EW price | EW will decline at least -1.165% in a week (0% probabilities). VXX(-16%) UUP(-12%) TLT(-12%) VIXM(-11%) FIVG(-9%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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