| EWG latest price $19.6800 (8.79%) ($18.5100 - $19.7000) on Tue. Nov. 4, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 57 |
Latest Price | $19.6800(8.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.6% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(89%) EWP(85%) SPY(83%) EEM(81%) VWO(79%) |
Factors Impacting EWG price | EWG will decline at least -2.29% in a week (0% probabilities). TLT(-33%) SHY(-11%) TIP(-7%) LQD(14%) GLD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.29% (StdDev 4.58%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
| |
|
|