| W latest price $340.6600 (3.56%) ($326.4100 - $341.5800) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 74 |
Latest Price | $340.6600(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | W advances 1.9% a day on average for past five trading days. |
Weekly Trend | W advances 4.8% 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) XRT(75%) IBUY(73%) ONLN(71%) IWF(59%) SPY(59%) |
Factors Impacting W price | W will decline at least -1.91% in a week (0% probabilities). IYT(-24%) OIH(-16%) XLC(-15%) JETS(-9%) VXX(-8%) |
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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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