| EW latest price $27.8700 (0.36%) ($27.4900 - $28.1600) on Thu. Feb. 4, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 63 |
Latest Price | $27.8700(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 2% a day on average for past five trading days. |
Weekly Trend | EW advances 2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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 -1.005% in a week (0% probabilities). VIXM(-19%) TLT(-12%) UUP(-9%) GDXJ(-2%) IGOV(-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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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