| W latest price $104.6400 (0.14%) ($103.5200 - $105.7500) on Wed. Oct. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3% (three month average) |
RSI | 19 |
Latest Price | $104.6400(0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 0.3% a day on average for past five trading days. |
Weekly Trend | W declines -6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) IBUY(68%) ONLN(66%) BLOK(62%) VFMO(60%) ARKK(59%) |
Factors Impacting W price | W will decline at least -1.5% in a week (0% probabilities). VXX(-43%) VIXM(-43%) TLT(-10%) IGOV(-10%) UUP(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|