| EWP latest price $20.2300 (-5.73%) ($20.1100 - $20.7000) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 42 |
Latest Price | $20.2300(-5.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.9% a day on average for past five trading days. |
Weekly Trend | EWP declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(89%) EWG(86%) IWD(77%) IVE(76%) DIA(74%) |
Factors Impacting EWP price | EWP will decline at least -1.925% in a week (0% probabilities). VIXM(-47%) UUP(-35%) VXX(-18%) TLT(-11%) SHY(1%) |
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 | -1.925% (StdDev 3.85%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.8% |
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