| EW latest price $80.4400 (4.01%) ($77.1100 - $80.9900) on Tue. Feb. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 49 |
Latest Price | $80.4400(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 1.3% a day on average for past five trading days. |
Weekly Trend | EW declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) XLV(52%) IBB(48%) VUG(47%) IVW(46%) IWF(46%) |
Factors Impacting EW price | EW will decline at least -0.99% in a week (0% probabilities). VIXM(-31%) UUP(-24%) TBT(-18%) EDOC(-17%) VXX(-4%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.3% |
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