| EWP latest price $20.0900 (-1.71%) ($20.0400 - $20.3200) on Fri. Oct. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 32 |
Latest Price | $20.0900(-1.71%) |
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 -1.8% 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(91%) EWG(87%) IVE(75%) IWD(75%) SPY(71%) |
Factors Impacting EWP price | EWP will decline at least -0.845% in a week (0% probabilities). TBT(-15%) UUP(-13%) VIXM(-9%) VXX(-2%) UNG(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 | -0.845% (StdDev 1.69%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1% |
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