| EWG latest price $16.1700 (-1.94%) ($15.9000 - $16.2200) on Mon. Apr. 6, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 64 |
Latest Price | $16.1700(-1.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 2.1% a day on average for past five trading days. |
Weekly Trend | EWG advances 2.3% 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(81%) EEM(80%) VWO(77%) |
Factors Impacting EWG price | EWG will decline at least -1.705% in a week (0% probabilities). TLT(-33%) SHY(-10%) TIP(-6%) GLD(13%) LQD(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.705% (StdDev 3.41%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|