| W latest price $241.8500 (6.54%) ($233.2500 - $243.1100) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 55 |
Latest Price | $241.8500(6.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 1.4% a day on average for past five trading days. |
Weekly Trend | W advances 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 W advance at 0% a week (0% probability) ONLN(73%) LQD(60%) ARKG(52%) IWF(52%) QQQ(49%) |
Factors Impacting W price | W will decline at least -2.61% in a week (0% probabilities). XLE(-31%) TBT(-31%) OIH(-24%) IYT(-22%) JETS(-19%) |
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 | -2.61% (StdDev 5.22%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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