| EWP latest price $40.9500 (4.25%) ($40.2900 - $41.0300) on Thu. Jul. 21, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 43 |
Latest Price | $40.9500(4.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.6% a day on average for past five trading days. |
Weekly Trend | EWP declines -3.7% 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(90%) EWG(84%) SPY(71%) EEM(70%) IWM(68%) |
Factors Impacting EWP price | EWP will decline at least -1.07% in a week (0% probabilities). TLT(-33%) TIP(-7%) SHY(-3%) GLD(8%) LQD(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.07% (StdDev 2.14%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|