| W latest price $266.0900 (3.97%) ($259.0100 - $267.4300) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 76 |
Latest Price | $266.0900(3.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 3.7% a day on average for past five trading days. |
Weekly Trend | W advances 6.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support W advance at 0% a week (0% probability) ONLN(72%) XRT(55%) LQD(71%) ARKG(50%) IWF(50%) |
Factors Impacting W price | W will decline at least -2.6% in a week (0% probabilities). TBT(-33%) XLE(-25%) OIH(-22%) IYT(-17%) JETS(-16%) |
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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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