| EW latest price $76.3600 (0.59%) ($75.5700 - $76.4700) on Fri. Nov. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 75 |
Latest Price | $76.3600(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.7% a day on average for past five trading days. |
Weekly Trend | EW advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) IWF(55%) QQQ(55%) SPY(55%) IVW(54%) IVE(53%) |
Factors Impacting EW price | EW will decline at least -1.495% in a week (0% probabilities). VXX(-15%) UUP(-6%) UNG(-6%) EDOC(-5%) XLP(-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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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