| EW latest price $112.9500 (1.26%) ($109.2700 - $113.5000) on Tue. Mar. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 51 |
Latest Price | $112.9500(1.26%) |
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 1.8% 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(56%) IWO(56%) SPY(55%) IVW(54%) IVE(53%) |
Factors Impacting EW price | EW will decline at least -1.07% in a week (0% probabilities). VIXM(-25%) UUP(-25%) VXX(-13%) TBT(-9%) UNG(-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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.4% |
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