| EWP latest price $27.3600 (1.67%) ($26.9300 - $27.5000) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 78 |
Latest Price | $27.3600(1.67%) |
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 advances 1.2% 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(89%) EWG(85%) VT(76%) IVE(68%) IWD(68%) |
Factors Impacting EWP price | EWP will decline at least -0.575% in a week (0% probabilities). VIXM(-57%) UUP(-41%) VXX(-23%) TBT(-12%) SHY(-9%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 2.5 () |
Intraday Trend | 1.1% |
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