| W latest price $188.6300 (12.87%) ($174.5000 - $190.6200) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.74% (three month average) |
RSI | 51 |
Latest Price | $188.6300(12.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 3.8% a day on average for past five trading days. |
Weekly Trend | W declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) ONLN(65%) BNDX(63%) IBUY(60%) IPO(49%) ARKK(47%) |
Factors Impacting W price | W will decline at least -5.87% in a week (0% probabilities). XLE(-19%) URA(-19%) TBT(-17%) JETS(-16%) VXX(-15%) |
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 | -5.87% (StdDev 11.74%) |
Hourly BBV | 0 () |
Intraday Trend | 7.8% |
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