| EWG latest price $26.6600 (0.11%) ($26.6200 - $26.7800) on Tue. Aug. 16, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 81 |
Latest Price | $26.6600(0.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.3% a day on average for past five trading days. |
Weekly Trend | EWG advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(89%) EWP(86%) VT(81%) SPY(80%) IWD(79%) |
Factors Impacting EWG price | EWG will decline at least -0.875% in a week (0% probabilities). VIXM(-24%) UUP(-23%) TLT(-17%) IPO(-7%) IBUY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|