| EWP latest price $23.0400 (-1.96%) ($23.0150 - $23.3400) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 52 |
Latest Price | $23.0400(-1.96%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWP advances 0.7% 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(84%) IWD(74%) IVE(73%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -1.09% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-14%) TLT(-9%) BNDX(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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1% |
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