| EW latest price $27.1400 (-1.2%) ($27.0800 - $27.5900) on Wed. Dec. 2, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 60 |
Latest Price | $27.1400(-1.2%) |
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 3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.84% in a week (0% probabilities). VIXM(-20%) TLT(-12%) UUP(-8%) 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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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