| EW latest price $85.2400 (0%) ($84.0700 - $85.5450) on Thu. Nov. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 83 |
Latest Price | $85.2400(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.2% a day on average for past five trading days. |
Weekly Trend | EW advances 6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(57%) IVW(56%) SPY(56%) QQQ(54%) FIVG(51%) |
Factors Impacting EW price | EW will decline at least -1.085% in a week (0% probabilities). VIXM(-30%) UUP(-22%) VXX(-17%) EDOC(-10%) TBT(-6%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.9% |
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