| EWG latest price $20.4600 (0.64%) ($20.3300 - $20.8600) on Mon. Dec. 5, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 49 |
Latest Price | $20.4600(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWG advances 1.3% 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(87%) EWP(83%) SPY(79%) EEM(76%) IWM(74%) |
Factors Impacting EWG price | EWG will decline at least -1.695% in a week (0% probabilities). TLT(-26%) SHY(-4%) TIP(1%) IGOV(9%) GLD(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.695% (StdDev 3.39%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
| |
|
|