| EWP latest price $22.7700 (3.41%) ($22.6600 - $22.9300) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 53 |
Latest Price | $22.7700(3.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.7% a day on average for past five trading days. |
Weekly Trend | EWP declines -1.2% 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(71%) |
Factors Impacting EWP price | EWP will decline at least -0.705% in a week (0% probabilities). VIXM(-41%) UUP(-33%) VXX(-13%) TLT(-7%) EDOC(-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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
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