| EWG latest price $21.9800 (4.07%) ($21.1300 - $22.0300) on Thu. Mar. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.41% (three month average) |
RSI | 38 |
Latest Price | $21.9800(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 4% a day on average for past five trading days. |
Weekly Trend | EWG declines -7.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(91%) EWP(85%) IDRV(79%) SPY(78%) DIA(77%) |
Factors Impacting EWG price | EWG will decline at least -1.705% in a week (0% probabilities). VIXM(-51%) UUP(-43%) VXX(-19%) TLT(-8%) UNG(4%) |
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 | 1.5 () |
Intraday Trend | 4% |
| |
|
|