| EW latest price $85.8000 (-0.33%) ($85.3700 - $86.9300) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 40 |
Latest Price | $85.8000(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.4% a day on average for past five trading days. |
Weekly Trend | EW declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal 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%) SPY(57%) IVW(56%) QQQ(55%) IWO(53%) |
Factors Impacting EW price | EW will decline at least -0.75% in a week (0% probabilities). VIXM(-30%) UUP(-23%) VXX(-17%) TBT(-6%) IGOV(-2%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.6% |
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