| EW latest price $80.7900 (-1.33%) ($80.5900 - $82.3200) on Mon. Nov. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 55 |
Latest Price | $80.7900(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.7% a day on average for past five trading days. |
Weekly Trend | EW advances 1.1% 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) SPY(64%) IWF(63%) IVW(62%) IWD(60%) XLV(60%) |
Factors Impacting EW price | EW will decline at least -0.78% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-13%) 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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