| EWP latest price $22.8100 (2.52%) ($22.4050 - $22.8700) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 50 |
Latest Price | $22.8100(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.6% a day on average for past five trading days. |
Weekly Trend | EWP advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(91%) EWG(87%) IWD(77%) IVE(76%) SPY(73%) |
Factors Impacting EWP price | EWP will decline at least -0.87% in a week (0% probabilities). UUP(-23%) VIXM(-18%) TBT(-13%) VXX(-2%) EDOC(-2%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 2.8 () |
Intraday Trend | 1.4% |
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