| EW latest price $86.3000 (-0.53%) ($84.5700 - $87.3200) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 57 |
Latest Price | $86.3000(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW advances 1.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) ONLN(40%) IWF(39%) IWO(38%) HYG(37%) IBUY(37%) |
Factors Impacting EW price | EW will decline at least -1.045% in a week (0% probabilities). UUP(-13%) VXX(-12%) TBT(-8%) XLP(-4%) UNG(-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 | -1.045% (StdDev 2.09%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1% |
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