| EWP latest price $23.6700 (0.17%) ($23.6200 - $23.9000) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 70 |
Latest Price | $23.6700(0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWP advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -0.825% in a week (0% probabilities). UUP(-22%) VIXM(-17%) TBT(-16%) EDOC(-4%) VXX(-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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.9% |
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