| EW latest price $72.0900 (1.61%) ($70.3300 - $72.1900) on Mon. Jul. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 77 |
Latest Price | $72.0900(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 2.2% a day on average for past five trading days. |
Weekly Trend | EW advances 5.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(63%) IVW(62%) IWF(62%) XLV(60%) DIA(59%) |
Factors Impacting EW price | EW will decline at least -0.87% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-12%) IFRA(-5%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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