| EWP latest price $23.3100 (-0.55%) ($23.0000 - $23.3100) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 65 |
Latest Price | $23.3100(-0.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.2% a day on average for past five trading days. |
Weekly Trend | EWP advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(84%) IVE(71%) IWD(71%) SPY(67%) |
Factors Impacting EWP price | EWP will decline at least -0.915% in a week (0% probabilities). TBT(-14%) VIXM(-2%) UNG(-1%) VXX(0%) SHY(0%) |
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 | -0.915% (StdDev 1.83%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.1% |
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