| EEM latest price $24.4200 (-2.55%) ($24.3300 - $25.5800) on Thu. Dec. 11, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.29% (three month average) |
RSI | 72 |
Latest Price | $24.4200(-2.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EEM advances 2.7% a day on average for past five trading days. |
Weekly Trend | EEM advances 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EEM advance at 0% a week (0% probability) VWO(96%) EWY(88%) FXI(88%) SPY(81%) EWG(80%) |
Factors Impacting EEM price | EEM will decline at least -4.145% in a week (0% probabilities). TLT(-30%) SHY(-12%) TIP(-5%) LQD(15%) GLD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.145% (StdDev 8.29%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|