| EWP latest price $29.3500 (0.93%) ($29.2800 - $29.4800) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 90 |
Latest Price | $29.3500(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.1% a day on average for past five trading days. |
Weekly Trend | EWP advances 3.6% 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(91%) EWG(88%) SPY(79%) VT(77%) IVE(75%) |
Factors Impacting EWP price | EWP will decline at least -0.555% in a week (0% probabilities). VXX(-46%) UUP(-34%) VIXM(-31%) TBT(-18%) BNDX(11%) |
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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.1% |
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