| EW latest price $28.8700 (0.45%) ($28.5900 - $29.1000) on Mon. Feb. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 64 |
Latest Price | $28.8700(0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.3% 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 | Broad based 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 -1.145% in a week (0% probabilities). VIXM(-19%) TLT(-12%) UUP(-8%) GDXJ(-3%) IGOV(-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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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