| EWP latest price $38.0700 (4.93%) ($35.6800 - $38.1900) on Fri. May. 8, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 80 |
Latest Price | $38.0700(4.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.7% a day on average for past five trading days. |
Weekly Trend | EWP advances 4.8% 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%) EEM(72%) SPY(72%) VWO(69%) |
Factors Impacting EWP price | EWP will decline at least -1.53% in a week (0% probabilities). TLT(-34%) TIP(-8%) SHY(-8%) LQD(9%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.53% (StdDev 3.06%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
| |
|
|