| EW latest price $89.3400 (1.77%) ($88.5950 - $90.3500) on Tue. Jun. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 30 |
Latest Price | $89.3400(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.2% a day on average for past five trading days. |
Weekly Trend | EW declines -5.5% 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(49%) IWO(49%) SPY(48%) IVW(47%) ONLN(47%) |
Factors Impacting EW price | EW will decline at least -1.32% in a week (0% probabilities). UUP(-20%) VXX(-12%) VIXM(-11%) TBT(-10%) 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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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