| EW latest price $78.4400 (2.52%) ($76.8200 - $79.1100) on Wed. Feb. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 52 |
Latest Price | $78.4400(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.4% a day on average for past five trading days. |
Weekly Trend | EW advances 0.7% 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%) IVW(63%) IWF(63%) DIA(60%) IVE(60%) |
Factors Impacting EW price | EW will decline at least -0.755% in a week (0% probabilities). VIXM(-41%) VXX(-22%) UUP(-14%) TLT(-12%) IGOV(-4%) |
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 | 1.4 () |
Intraday Trend | 1.9% |
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