| EW latest price $31.8900 (1.46%) ($31.3800 - $32.0700) on Mon. Apr. 17, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 46 |
Latest Price | $31.8900(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
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) IWF(62%) IVW(61%) SPY(61%) XLV(59%) IWO(58%) |
Factors Impacting EW price | EW will decline at least -0.81% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-9%) 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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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