| EWP latest price $24.7200 (1.1%) ($24.5400 - $24.8850) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 51 |
Latest Price | $24.7200(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1% a day on average for past five trading days. |
Weekly Trend | EWP declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally 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 -0.985% in a week (0% probabilities). UUP(-30%) VIXM(-24%) TBT(-12%) VXX(-4%) UNG(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.985% (StdDev 1.97%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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