| EW latest price $86.9800 (-0.76%) ($86.1300 - $88.0600) on Tue. Feb. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 50 |
Latest Price | $86.9800(-0.76%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -0.725% in a week (0% probabilities). VIXM(-30%) UUP(-23%) VXX(-17%) TBT(-6%) IGOV(-5%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.4% |
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