| W latest price $88.7500 (0.74%) ($88.1100 - $91.0700) on Thu. Dec. 12, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 65 |
Latest Price | $88.7500(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 2.1% a day on average for past five trading days. |
Weekly Trend | W advances 1.7% 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 W advance at 0% a week (0% probability) IBUY(69%) ONLN(67%) BLOK(63%) VFMO(62%) ARKK(61%) |
Factors Impacting W price | W will decline at least -1.82% in a week (0% probabilities). VXX(-44%) VIXM(-43%) TLT(-10%) IGOV(-10%) UUP(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.82% (StdDev 3.64%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|