| EWP latest price $27.7100 (1.21%) ($27.4100 - $27.7500) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 73 |
Latest Price | $27.7100(1.21%) |
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 advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(90%) EWG(85%) IVE(73%) IWD(73%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -0.905% in a week (0% probabilities). VIXM(-40%) UUP(-35%) VXX(-13%) TLT(-6%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
| |
|
|