| EW latest price $26.2800 (1.12%) ($26.0000 - $26.7100) on Fri. Nov. 20, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 50 |
Latest Price | $26.2800(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(58%) IWF(58%) SPY(58%) XLV(57%) IWO(55%) |
Factors Impacting EW price | EW will decline at least -0.975% in a week (0% probabilities). VIXM(-20%) TLT(-12%) UUP(-7%) IGOV(-2%) GDXJ(-2%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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