| EWP latest price $24.4600 (1.2%) ($24.2600 - $24.4800) on Fri. Nov. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 88 |
Latest Price | $24.4600(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1% a day on average for past five trading days. |
Weekly Trend | EWP advances 3.3% 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(89%) EWG(84%) IVE(70%) IWD(70%) SPY(65%) |
Factors Impacting EWP price | EWP will decline at least -0.92% in a week (0% probabilities). TBT(-10%) SHY(-4%) BND(-4%) UNG(-2%) VIXM(-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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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