| EW latest price $57.7700 (0.8%) ($57.3700 - $58.2600) on Mon. Feb. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 61 |
Latest Price | $57.7700(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW advances 0.8% 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(62%) SPY(62%) IVW(61%) XLV(60%) DIA(58%) |
Factors Impacting EW price | EW will decline at least -1.255% in a week (0% probabilities). VXX(-16%) UUP(-13%) TLT(-12%) VIXM(-11%) IFRA(-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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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