| EW latest price $37.0700 (1.06%) ($36.6900 - $37.1400) on Wed. Oct. 18, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 59 |
Latest Price | $37.0700(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.1% a day on average for past five trading days. |
Weekly Trend | EW advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(62%) IWF(62%) SPY(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.505% in a week (0% probabilities). VIXM(-18%) TLT(-13%) UUP(-10%) GDXJ(-4%) 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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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