| EW latest price $97.3600 (0.11%) ($96.8620 - $98.0900) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 51 |
Latest Price | $97.3600(0.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.9% a day on average for past five trading days. |
Weekly Trend | EW advances 0.2% 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(44%) ONLN(44%) IWO(43%) SPY(43%) IVE(42%) |
Factors Impacting EW price | EW will decline at least -1.075% in a week (0% probabilities). UUP(-19%) VXX(-12%) TBT(-11%) UNG(-3%) VIXM(-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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.2% |
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