| W latest price $328.9600 (-1.22%) ($326.2300 - $334.3700) on Thu. Aug. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 77 |
Latest Price | $328.9600(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 0.9% a day on average for past five trading days. |
Weekly Trend | W advances 5.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) XRT(70%) SPY(54%) IWF(53%) IVW(52%) IWO(51%) |
Factors Impacting W price | W will decline at least -1.905% in a week (0% probabilities). OIH(-18%) IYT(-25%) XLC(-17%) JETS(-9%) XLU(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|