| EW latest price $84.0500 (-0.37%) ($83.4500 - $84.8500) on Mon. Apr. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 67 |
Latest Price | $84.0500(-0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EW advances 0.3% a day on average for past five trading days. |
Weekly Trend | EW advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EW advance at 0% a week (0% probability) XLV(52%) IVW(46%) SPY(44%) EWP(41%) HYG(40%) |
Factors Impacting EW price | EW will decline at least -0.99% in a week (0% probabilities). UUP(-38%) VXX(-34%) VIXM(-33%) TBT(-22%) SMH(-3%) |
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 | -0.2 () |
Intraday Trend | -0.8% |
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