| EW latest price $32.2300 (2.03%) ($31.7900 - $32.3700) on Wed. Apr. 19, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 60 |
Latest Price | $32.2300(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.7% a day on average for past five trading days. |
Weekly Trend | EW advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -0.82% 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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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