| EWP latest price $22.4500 (2%) ($22.2200 - $22.4600) on Mon. Oct. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 39 |
Latest Price | $22.4500(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWP declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(84%) IWD(75%) IVE(74%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -0.615% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.615% (StdDev 1.23%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
| |
|
|