| EWP latest price $27.2700 (-0.73%) ($27.2350 - $27.8600) on Thu. Feb. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 60 |
Latest Price | $27.2700(-0.73%) |
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 advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -0.585% in a week (0% probabilities). VIXM(-39%) UUP(-34%) VXX(-12%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.8% |
| |
|
|