| EW latest price $21.9500 (-1.44%) ($21.8400 - $22.1800) on Wed. Jan. 14, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 56 |
Latest Price | $21.9500(-1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(58%) XLV(58%) QQQ(55%) VT(53%) IVE(52%) |
Factors Impacting EW price | EW will decline at least -1% in a week (0% probabilities). VIXM(-22%) TLT(-12%) UUP(-5%) IGOV(-3%) SHY(-1%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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