| EW latest price $82.3000 (2.17%) ($80.2100 - $82.4100) on Fri. Mar. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 59 |
Latest Price | $82.3000(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.7% 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. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(58%) IVW(57%) SPY(57%) QQQ(55%) IWO(53%) |
Factors Impacting EW price | EW will decline at least -0.72% in a week (0% probabilities). VIXM(-30%) UUP(-22%) VXX(-17%) TBT(-6%) IGOV(-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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.9% |
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