| EW latest price $63.6600 (0.89%) ($62.8300 - $63.9600) on Wed. Jun. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 87 |
Latest Price | $63.6600(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.7% a day on average for past five trading days. |
Weekly Trend | EW advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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%) IVE(59%) |
Factors Impacting EW price | EW will decline at least -0.72% 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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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