| EW latest price $49.7700 (2.68%) ($48.2100 - $49.8600) on Mon. Oct. 22, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 34 |
Latest Price | $49.7700(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1% a day on average for past five trading days. |
Weekly Trend | EW declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(64%) IVW(63%) IWF(63%) XLV(61%) IWO(60%) |
Factors Impacting EW price | EW will decline at least -1.065% in a week (0% probabilities). VXX(-17%) VIXM(-15%) TLT(-13%) UUP(-11%) GDXJ(-4%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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