| EWP latest price $24.1800 (0.17%) ($24.0200 - $24.2100) on Fri. Dec. 23, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 42 |
Latest Price | $24.1800(0.17%) |
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 -0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(85%) IWD(70%) IVE(69%) EEM(66%) |
Factors Impacting EWP price | EWP will decline at least -0.8% in a week (0% probabilities). TBT(-9%) BND(-7%) SHY(-5%) UNG(-4%) XLP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.5% |
| |
|
|