| EW latest price $44.7500 (-0.04%) ($44.7400 - $45.6300) on Wed. Feb. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 62 |
Latest Price | $44.7500(-0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1% a day on average for past five trading days. |
Weekly Trend | EW advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IVW(63%) IWF(63%) SPY(63%) QQQ(60%) XLV(60%) |
Factors Impacting EW price | EW will decline at least -0.775% in a week (0% probabilities). VIXM(-17%) TLT(-13%) UUP(-11%) GDXJ(-4%) VFMO(-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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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