| EWP latest price $28.6600 (-0.45%) ($28.5800 - $28.7260) on Fri. Aug. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 41 |
Latest Price | $28.6600(-0.45%) |
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 declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(90%) EWG(87%) VT(77%) IVE(73%) IWD(72%) |
Factors Impacting EWP price | EWP will decline at least -0.535% in a week (0% probabilities). VIXM(-55%) VXX(-53%) UUP(-38%) TBT(-29%) USO(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 | -0.535% (StdDev 1.07%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.1% |
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