| EWG latest price $20.6700 (2.73%) ($20.4900 - $20.9100) on Wed. Oct. 12, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 70 |
Latest Price | $20.6700(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 2.4% a day on average for past five trading days. |
Weekly Trend | EWG advances 4.4% 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(88%) EWP(84%) SPY(79%) EEM(77%) IWM(74%) |
Factors Impacting EWG price | EWG will decline at least -1.73% in a week (0% probabilities). TLT(-29%) SHY(-4%) TIP(-1%) IGOV(12%) GLD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.73% (StdDev 3.46%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|