| W latest price $181.6100 (-3.72%) ($178.6900 - $189.9900) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.76% (three month average) |
RSI | 48 |
Latest Price | $181.6100(-3.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 3.3% a day on average for past five trading days. |
Weekly Trend | W advances 2.1% 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 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 -5.88% in a week (0% probabilities). URA(-19%) XLE(-18%) 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 | -5.88% (StdDev 11.76%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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