| EW latest price $58.7400 (-0.78%) ($58.0600 - $59.3400) on Wed. Feb. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 63 |
Latest Price | $58.7400(-0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -1.24% 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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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