| EW latest price $29.6400 (-1.59%) ($29.5100 - $30.4700) on Mon. Dec. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 47 |
Latest Price | $29.6400(-1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.5% a day on average for past five trading days. |
Weekly Trend | EW advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(61%) IVW(60%) SPY(60%) XLV(58%) IWO(57%) |
Factors Impacting EW price | EW will decline at least -1.42% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-8%) GDXJ(-4%) IPO(-3%) |
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 | -1.42% (StdDev 2.84%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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