| EWG latest price $22.5200 (1.12%) ($22.1600 - $22.5900) on Thu. Apr. 26, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 53 |
Latest Price | $22.5200(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.5% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.3% 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(78%) EEM(75%) IWM(73%) |
Factors Impacting EWG price | EWG will decline at least -0.8% in a week (0% probabilities). TLT(-24%) SHY(-4%) TIP(2%) IGOV(6%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|