| EWP latest price $27.8000 (0.76%) ($27.6900 - $27.8500) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 65 |
Latest Price | $27.8000(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 0.6% 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 | Normal 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(90%) EWG(89%) IVE(82%) VT(79%) SMH(76%) |
Factors Impacting EWP price | EWP will decline at least -0.53% in a week (0% probabilities). VXX(-48%) VIXM(-34%) UUP(-34%) TBT(-24%) UNG(8%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
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