| EWP latest price $30.7100 (0.1%) ($30.5500 - $30.7150) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 86 |
Latest Price | $30.7100(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWP advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) DIA(97%) EWI(95%) IVE(94%) EWG(86%) ARKK(85%) |
Factors Impacting EWP price | EWP will decline at least -0.53% in a week (0% probabilities). VIXM(-67%) UUP(-25%) TBT(-6%) BNDX(3%) TLT(19%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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