| EWG latest price $26.5000 (2.75%) ($26.0200 - $26.5300) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.87% (three month average) |
RSI | 73 |
Latest Price | $26.5000(2.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 1.8% a day on average for past five trading days. |
Weekly Trend | EWG advances 6.2% 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(92%) EWP(84%) IDRV(77%) SPY(76%) DIA(74%) |
Factors Impacting EWG price | EWG will decline at least -1.935% in a week (0% probabilities). VIXM(-47%) UUP(-43%) VXX(-16%) TLT(-6%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.935% (StdDev 3.87%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.7% |
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