| EWP latest price $30.9200 (0.91%) ($30.7800 - $30.9500) on Tue. Dec. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 54 |
Latest Price | $30.9200(0.91%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(98%) EWG(94%) ARKK(93%) EWY(93%) IWD(92%) |
Factors Impacting EWP price | EWP will decline at least -0.535% in a week (0% probabilities). EDOC(-58%) UUP(-26%) TBT(-3%) BNDX(-2%) TLT(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.535% (StdDev 1.07%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
| |
|
|