| W latest price $221.4800 (-1.78%) ($218.0700 - $230.9200) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.9% (three month average) |
RSI | 63 |
Latest Price | $221.4800(-1.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 2.2% a day on average for past five trading days. |
Weekly Trend | W advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) ONLN(70%) IWF(51%) ARKG(48%) QQQ(48%) IVW(45%) |
Factors Impacting W price | W will decline at least -2.95% in a week (0% probabilities). XLE(-28%) IYT(-23%) OIH(-22%) TBT(-19%) JETS(-19%) |
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 | -2.95% (StdDev 5.9%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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