| EW latest price $78.0300 (0.62%) ($77.1600 - $78.5100) on Sun. Nov. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 35 |
Latest Price | $78.0300(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.7% a day on average for past five trading days. |
Weekly Trend | EW declines -3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting EW price | EW will decline at least -0.95% in a week (0% probabilities). (0%) (0%) (0%) (0%) (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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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