| EW latest price $75.9600 (3.33%) ($74.1800 - $76.4500) on Tue. Nov. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.98% (three month average) |
RSI | 32 |
Latest Price | $75.9600(3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.7% a day on average for past five trading days. |
Weekly Trend | EW declines -2.4% 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%) QQQ(55%) SPY(55%) IVE(54%) IVW(54%) |
Factors Impacting EW price | EW will decline at least -1.49% in a week (0% probabilities). VXX(-15%) UUP(-13%) UNG(-6%) TBT(-5%) EDOC(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 | -1.49% (StdDev 2.98%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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