| EWP latest price $28.0700 (-0.43%) ($28.0400 - $28.1300) on Mon. Aug. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 77 |
Latest Price | $28.0700(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWP advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(90%) EWG(86%) IWD(75%) IVE(74%) DIA(71%) |
Factors Impacting EWP price | EWP will decline at least -0.505% in a week (0% probabilities). VIXM(-39%) UUP(-33%) VXX(-10%) TBT(-1%) TLT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.505% (StdDev 1.01%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.2% |
| |
|
|