| WPG latest price $98.0100 (-2.33%) ($96.7500 - $100.8000) on Wed. Jun. 22, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 65 |
Latest Price | $98.0100(-2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WPG advances 0.2% a day on average for past five trading days. |
Weekly Trend | WPG advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support WPG advance at 0% a week (0% probability) IWN(53%) IWM(49%) SDY(49%) XRT(49%) IWC(48%) |
Factors Impacting WPG price | WPG will decline at least -1.1% in a week (0% probabilities). TLT(-15%) VIXM(-14%) UUP(-14%) SHY(0%) GDXJ(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
| |
|
|