| EWP latest price $27.4200 (0.7%) ($27.3500 - $27.5100) on Mon. Dec. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 40 |
Latest Price | $27.4200(0.7%) |
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 -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(90%) EWG(85%) IVE(73%) IWD(73%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -0.855% in a week (0% probabilities). VIXM(-40%) UUP(-34%) VXX(-13%) TLT(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.855% (StdDev 1.71%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.1% |
| |
|
|