| EW latest price $100.9900 (0.85%) ($99.7600 - $101.2100) on Thu. Jun. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 74 |
Latest Price | $100.9900(0.85%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value 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(54%) |
Factors Impacting EW price | EW will decline at least -0.7% in a week (0% probabilities). VIXM(-30%) UUP(-22%) VXX(-16%) TBT(-5%) UNG(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1% |
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