| EWP latest price $27.0000 (-0.95%) ($26.8950 - $27.1100) on Mon. Feb. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 63 |
Latest Price | $27.0000(-0.95%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(90%) EWG(85%) VT(76%) IVE(69%) IWD(68%) |
Factors Impacting EWP price | EWP will decline at least -0.525% 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 | -0.525% (StdDev 1.05%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.3% |
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