| W latest price $314.1000 (1.33%) ($310.7000 - $318.0100) on Mon. Aug. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 85 |
Latest Price | $314.1000(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 1.1% a day on average for past five trading days. |
Weekly Trend | W advances 9.2% 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) SMH(91%) SPY(76%) XRT(70%) IBUY(69%) IVW(68%) |
Factors Impacting W price | W will decline at least -2.055% in a week (0% probabilities). IYT(-27%) OIH(-20%) XLV(22%) XLC(-16%) XLE(-12%) |
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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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