| EWG latest price $22.9800 (2.09%) ($22.7200 - $23.0500) on Mon. Apr. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 60 |
Latest Price | $22.9800(2.09%) |
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 0.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(92%) EWP(85%) IDRV(77%) SPY(76%) DIA(75%) |
Factors Impacting EWG price | EWG will decline at least -1.875% in a week (0% probabilities). VIXM(-49%) UUP(-44%) VXX(-17%) TLT(-8%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
| |
|
|