| EWP latest price $40.0500 (6.94%) ($37.5200 - $40.2100) on Tue. Dec. 16, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 68 |
Latest Price | $40.0500(6.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 2.8% a day on average for past five trading days. |
Weekly Trend | EWP advances 5.6% 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(91%) EWG(85%) SPY(74%) EEM(73%) VWO(70%) |
Factors Impacting EWP price | EWP will decline at least -2.675% in a week (0% probabilities). TLT(-33%) SHY(-9%) TIP(-8%) GLD(9%) LQD(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.675% (StdDev 5.35%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
| |
|
|