| EW latest price $120.2800 (-2.27%) ($118.8400 - $123.2000) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 72 |
Latest Price | $120.2800(-2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1% a day on average for past five trading days. |
Weekly Trend | EW advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(55%) IWO(55%) SPY(54%) IVW(53%) IVE(52%) |
Factors Impacting EW price | EW will decline at least -1.18% in a week (0% probabilities). UUP(-24%) VIXM(-23%) VXX(-13%) TBT(-11%) 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 | -1.18% (StdDev 2.36%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.6% |
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