| EW latest price $77.4700 (-1.79%) ($76.9800 - $78.6200) on Fri. Feb. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 44 |
Latest Price | $77.4700(-1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.1% a day on average for past five trading days. |
Weekly Trend | EW declines -1.5% 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%) IVW(63%) IWF(63%) DIA(60%) IVE(60%) |
Factors Impacting EW price | EW will decline at least -0.74% in a week (0% probabilities). VIXM(-42%) VXX(-23%) UUP(-14%) TLT(-13%) UNG(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 | -0.74% (StdDev 1.48%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.4% |
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