| EW latest price $81.5800 (1.63%) ($80.5700 - $82.0500) on Mon. Nov. 25, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.51% (three month average) |
| RSI | 71 |
| Latest Price | $81.5800(1.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | EW advances 0.2% a day on average for past five trading days. |
| Weekly Trend | EW advances 1.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability)
SPY(64%) IWF(63%) IVW(62%) IVE(60%) IWD(60%) |
| Factors Impacting EW price | EW will decline at least -0.755% 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 | -0.755% (StdDev 1.51%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.1% |
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