The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved above the 0 level on July 11, 2025. You may want to consider a long position or call options on EWV as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EWV just turned positive on July 07, 2025. Looking at past instances where EWV's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
EWV moved above its 50-day moving average on July 11, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EWV crossed bullishly above the 50-day moving average on July 17, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWV advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .
EWV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Category Trading
A.I.dvisor indicates that over the last year, EWV has been loosely correlated with TZA. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if EWV jumps, then TZA could also see price increases.
Ticker / NAME | Correlation To EWV | 1D Price Change % | ||
---|---|---|---|---|
EWV | 100% | +1.72% | ||
TZA - EWV | 56% Loosely correlated | +2.26% | ||
NVDD - EWV | 41% Loosely correlated | N/A | ||
JETD - EWV | 31% Poorly correlated | +0.33% | ||
CARD - EWV | 27% Poorly correlated | -1.26% | ||
SDS - EWV | 23% Poorly correlated | +0.28% | ||
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