| EW latest price $37.9300 (-2.24%) ($37.9300 - $39.3300) on Mon. Dec. 4, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 77 |
Latest Price | $37.9300(-2.24%) |
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 4.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(63%) SPY(63%) IVW(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.82% 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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
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