| EW latest price $80.9500 (-0.86%) ($80.6700 - $82.3200) on Mon. Dec. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 65 |
Latest Price | $80.9500(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.2% a day on average for past five trading days. |
Weekly Trend | EW advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) SPY(64%) IWF(63%) IVW(62%) IVE(60%) IWD(60%) |
Factors Impacting EW price | EW will decline at least -0.75% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-13%) TLT(-13%) 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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