| EWP latest price $23.4800 (1.38%) ($23.4650 - $23.8920) on Tue. Aug. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 40 |
Latest Price | $23.4800(1.38%) |
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 declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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 -0.985% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-2%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.3% |
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