| EWP latest price $29.7500 (1.36%) ($29.4850 - $29.7550) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 89 |
Latest Price | $29.7500(1.36%) |
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 rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(91%) EWG(87%) IVW(86%) SPY(86%) VT(77%) |
Factors Impacting EWP price | EWP will decline at least -0.555% in a week (0% probabilities). VXX(-46%) UUP(-33%) VIXM(-29%) TBT(-21%) UNG(12%) |
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 | 1.6 () |
Intraday Trend | 0.7% |
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