| EEM latest price $41.2100 (0.83%) ($41.1850 - $41.4000) on Tue. Jul. 25, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 64 |
Latest Price | $41.2100(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EEM advances 0.2% a day on average for past five trading days. |
Weekly Trend | EEM advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EEM advance at 0% a week (0% probability) VWO(96%) MCHI(88%) FXI(86%) VT(83%) EWY(82%) |
Factors Impacting EEM price | EEM will decline at least -0.5% in a week (0% probabilities). VIXM(-56%) VXX(-55%) UUP(-33%) TBT(-26%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.4% |
| |
|
|