| EW latest price $79.7800 (1.98%) ($78.0300 - $80.0500) on Tue. Nov. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 74 |
Latest Price | $79.7800(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(64%) IWF(63%) IVW(62%) IWD(60%) XLV(60%) |
Factors Impacting EW price | EW will decline at least -0.79% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-12%) IGOV(-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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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