| W latest price $229.8800 (6.51%) ($219.0300 - $230.6400) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 66 |
Latest Price | $229.8800(6.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 1.8% a day on average for past five trading days. |
Weekly Trend | W advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) ONLN(73%) IWF(54%) QQQ(51%) ARKG(50%) IVW(50%) |
Factors Impacting W price | W will decline at least -2.84% in a week (0% probabilities). XLE(-19%) VXX(-19%) TBT(-18%) IYT(-18%) XLU(-16%) |
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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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