| EWP latest price $24.3600 (-0.41%) ($24.2600 - $24.5700) on Tue. Dec. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 68 |
Latest Price | $24.3600(-0.41%) |
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 advances 2.4% 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%) IVE(69%) IWD(69%) EEM(65%) |
Factors Impacting EWP price | EWP will decline at least -0.915% in a week (0% probabilities). TBT(-9%) BND(-5%) SHY(-4%) UNG(-3%) 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 | -0.915% (StdDev 1.83%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.7% |
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