| EW latest price $59.1000 (1.88%) ($58.3600 - $59.3000) on Wed. Jun. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 47 |
Latest Price | $59.1000(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.2% a day on average for past five trading days. |
Weekly Trend | EW declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(63%) IVW(62%) IWF(62%) XLV(60%) DIA(59%) |
Factors Impacting EW price | EW will decline at least -0.815% in a week (0% probabilities). VXX(-23%) UUP(-13%) TLT(-12%) IFRA(-5%) 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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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