| EW latest price $76.1500 (-1.7%) ($75.6900 - $77.3300) on Mon. Feb. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 38 |
Latest Price | $76.1500(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.8% a day on average for past five trading days. |
Weekly Trend | EW declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) IVW(63%) IWF(63%) DIA(60%) IVE(60%) |
Factors Impacting EW price | EW will decline at least -0.745% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-14%) TLT(-13%) UNG(3%) |
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 | -0.745% (StdDev 1.49%) |
Hourly BBV | -1.7 () |
Intraday Trend | -1% |
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