| EW latest price $24.3600 (0.74%) ($24.0600 - $24.4300) on Fri. Jun. 19, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 83 |
Latest Price | $24.3600(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.8% a day on average for past five trading days. |
Weekly Trend | EW advances 3.5% 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(54%) IVE(53%) |
Factors Impacting EW price | EW will decline at least -0.71% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|