| EW latest price $72.2900 (0.28%) ($71.5500 - $72.5900) on Tue. Jul. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 76 |
Latest Price | $72.2900(0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 2% a day on average for past five trading days. |
Weekly Trend | EW advances 6.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -0.87% 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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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