| EW latest price $86.0800 (1.15%) ($84.6100 - $86.3170) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 41 |
Latest Price | $86.0800(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1% a day on average for past five trading days. |
Weekly Trend | EW declines -1% 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) IWF(58%) SPY(57%) IVW(56%) QQQ(55%) IWO(53%) |
Factors Impacting EW price | EW will decline at least -0.89% in a week (0% probabilities). VIXM(-30%) UUP(-23%) VXX(-17%) TBT(-6%) 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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.1% |
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