| EWP latest price $22.6500 (-1.26%) ($22.5500 - $22.8100) on Mon. Aug. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 59 |
Latest Price | $22.6500(-1.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.1% a day on average for past five trading days. |
Weekly Trend | EWP advances 2% 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(87%) IWD(77%) IVE(76%) SPY(73%) |
Factors Impacting EWP price | EWP will decline at least -0.865% in a week (0% probabilities). UUP(-23%) VIXM(-18%) TBT(-14%) VXX(-3%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.5% |
| |
|
|