| EW latest price $77.8300 (2.37%) ($76.0300 - $77.8800) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 49 |
Latest Price | $77.8300(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.5% a day on average for past five trading days. |
Weekly Trend | EW declines -1.9% 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) SPY(97%) IVW(94%) QQQ(86%) VFMO(84%) DIA(81%) |
Factors Impacting EW price | EW will decline at least -0.91% in a week (0% probabilities). UUP(-36%) TBT(-22%) UNG(-18%) XOP(-3%) USO(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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.1% |
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