| EWP latest price $22.7800 (-2.02%) ($22.6200 - $23.1000) on Thu. Jul. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 53 |
Latest Price | $22.7800(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWP advances 1.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(83%) IWD(74%) IVE(73%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -1.095% in a week (0% probabilities). VIXM(-40%) UUP(-34%) VXX(-14%) TLT(-9%) SHY(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.5% |
| |
|
|