| EW latest price $27.5200 (0.88%) ($27.2000 - $27.6500) on Fri. Nov. 27, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 67 |
Latest Price | $27.5200(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.1% a day on average for past five trading days. |
Weekly Trend | EW advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -0.895% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|