| EWP latest price $22.9600 (-0.95%) ($22.6800 - $22.9650) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 29 |
Latest Price | $22.9600(-0.95%) |
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 declines -1.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -0.99% in a week (0% probabilities). VIXM(-40%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-3%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | -0.8 () |
Intraday Trend | 1.2% |
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