| EWP latest price $27.6600 (1.1%) ($27.4150 - $27.7200) on Thu. Feb. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 75 |
Latest Price | $27.6600(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWP advances 1.3% 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(69%) IWD(68%) |
Factors Impacting EWP price | EWP will decline at least -0.56% 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 | -0.56% (StdDev 1.12%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
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