| EW latest price $88.1000 (0.22%) ($87.3700 - $88.6400) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 45 |
Latest Price | $88.1000(0.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.1% a day on average for past five trading days. |
Weekly Trend | EW declines -0.9% 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) IWF(58%) IVW(56%) SPY(56%) QQQ(55%) IWO(52%) |
Factors Impacting EW price | EW will decline at least -1.005% in a week (0% probabilities). VIXM(-30%) UUP(-22%) VXX(-17%) TBT(-6%) IGOV(-1%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
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