| W latest price $77.4700 (8.35%) ($73.8400 - $79.7900) on Tue. Apr. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 11.08% (three month average) |
RSI | 83 |
Latest Price | $77.4700(8.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 8.9% a day on average for past five trading days. |
Weekly Trend | W advances 34.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) ONLN(66%) IBUY(63%) ARKK(51%) VFMO(50%) SKYY(49%) |
Factors Impacting W price | W will decline at least -5.54% in a week (0% probabilities). VXX(-23%) VIXM(-18%) USO(-9%) JETS(-7%) UUP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.54% (StdDev 11.08%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|