| EW latest price $39.1800 (1.45%) ($38.5400 - $39.1800) on Tue. Sep. 6, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 67 |
Latest Price | $39.1800(1.45%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(59%) IWF(59%) SPY(59%) XLV(57%) IWO(56%) |
Factors Impacting EW price | EW will decline at least -0.705% in a week (0% probabilities). VIXM(-18%) TLT(-11%) UUP(-8%) 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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|