| EW latest price $74.3300 (3.54%) ($71.4700 - $74.6300) on Thu. Oct. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 54 |
Latest Price | $74.3300(3.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.1% a day on average for past five trading days. |
Weekly Trend | EW advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(64%) IWF(63%) IVW(62%) XLV(60%) DIA(59%) |
Factors Impacting EW price | EW will decline at least -0.95% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-12%) 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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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