| EWP latest price $23.0700 (2.67%) ($23.0550 - $23.3900) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 55 |
Latest Price | $23.0700(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWP declines -0.3% 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(89%) EWG(84%) IVE(74%) IWD(74%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -1.105% in a week (0% probabilities). VIXM(-42%) UUP(-34%) VXX(-14%) TLT(-9%) SHY(1%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.8% |
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