| EWP latest price $24.2400 (0.58%) ($24.0000 - $24.3650) on Mon. May. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 47 |
Latest Price | $24.2400(0.58%) |
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 declines -1.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(91%) EWG(87%) IVE(77%) IWD(77%) SPY(73%) |
Factors Impacting EWP price | EWP will decline at least -0.98% in a week (0% probabilities). UUP(-30%) VIXM(-25%) TBT(-11%) VXX(-4%) UNG(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
| |
|
|