| EWP latest price $39.0700 (-3.2%) ($38.7800 - $40.7200) on Thu. Dec. 18, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 65 |
Latest Price | $39.0700(-3.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWP advances 7.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(91%) EWG(85%) SPY(74%) EEM(73%) VWO(70%) |
Factors Impacting EWP price | EWP will decline at least -2.66% in a week (0% probabilities). TLT(-33%) SHY(-9%) TIP(-7%) GLD(9%) LQD(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.66% (StdDev 5.32%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
| |
|
|