| EWP latest price $28.4800 (-1.21%) ($28.3900 - $28.7400) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 46 |
Latest Price | $28.4800(-1.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWP advances 0.8% 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(92%) EWG(87%) VT(77%) IVE(74%) ICLN(73%) |
Factors Impacting EWP price | EWP will decline at least -0.555% in a week (0% probabilities). VIXM(-53%) VXX(-51%) UUP(-39%) TBT(-31%) USO(-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 | -0.555% (StdDev 1.11%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.8% |
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