| EW latest price $87.6500 (-0.48%) ($86.6800 - $87.8200) on Fri. Feb. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 55 |
Latest Price | $87.6500(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.6% a day on average for past five trading days. |
Weekly Trend | EW advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(58%) IVW(57%) SPY(57%) QQQ(55%) IWO(53%) |
Factors Impacting EW price | EW will decline at least -0.72% in a week (0% probabilities). VIXM(-30%) UUP(-23%) VXX(-17%) TBT(-6%) IGOV(-1%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.4% |
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