| EWP latest price $26.3500 (1.78%) ($25.9800 - $26.4100) on Thu. Jan. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 81 |
Latest Price | $26.3500(1.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.1% a day on average for past five trading days. |
Weekly Trend | EWP advances 3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(85%) VT(76%) IVE(69%) IWD(69%) |
Factors Impacting EWP price | EWP will decline at least -0.665% in a week (0% probabilities). VIXM(-58%) UUP(-42%) VXX(-23%) TBT(-14%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.6% |
| |
|
|