| EW latest price $44.9400 (-0.93%) ($44.6600 - $45.3900) on Tue. May. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 39 |
Latest Price | $44.9400(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW declines -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) IWF(63%) SPY(63%) IVW(62%) XLV(60%) IWO(59%) |
Factors Impacting EW price | EW will decline at least -0.765% 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 | -0.765% (StdDev 1.53%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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