| EW latest price $78.6800 (1.13%) ($77.7000 - $78.8500) on Tue. Jan. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 45 |
Latest Price | $78.6800(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(64%) IWF(63%) IVW(62%) DIA(60%) IVE(60%) |
Factors Impacting EW price | EW will decline at least -0.555% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-14%) TLT(-13%) IGOV(-0%) |
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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.9% |
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