| EW latest price $65.1500 (0.74%) ($64.3700 - $65.3900) on Tue. Jul. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 69 |
Latest Price | $65.1500(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.8% a day on average for past five trading days. |
Weekly Trend | EW advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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%) DIA(59%) |
Factors Impacting EW price | EW will decline at least -0.63% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-12%) IFRA(-5%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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