| EW latest price $86.7600 (1.24%) ($85.9100 - $89.1700) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 48 |
Latest Price | $86.7600(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.2% a day on average for past five trading days. |
Weekly Trend | EW advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) ONLN(41%) IWF(40%) IWO(39%) HYG(38%) IBUY(38%) |
Factors Impacting EW price | EW will decline at least -1.07% in a week (0% probabilities). UUP(-14%) VXX(-12%) TBT(-7%) UNG(-4%) XLP(-3%) |
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 | 0.4 () |
Intraday Trend | 0.5% |
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