| EW latest price $75.9600 (0.85%) ($74.8000 - $77.6600) on Tue. Dec. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 56 |
Latest Price | $75.9600(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1% 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 | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(54%) QQQ(53%) SPY(53%) IVE(52%) IVW(52%) |
Factors Impacting EW price | EW will decline at least -1.45% in a week (0% probabilities). VXX(-15%) EDOC(-8%) UNG(-6%) XLP(-5%) VWO(-5%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 1.2 () |
Intraday Trend | -1.8% |
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