| EW latest price $44.2700 (0.87%) ($43.2400 - $44.4300) on Thu. May. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 38 |
Latest Price | $44.2700(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.5% a day on average for past five trading days. |
Weekly Trend | EW declines -2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(63%) IVW(62%) SPY(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.85% in a week (0% probabilities). VIXM(-16%) TLT(-13%) UUP(-11%) 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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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