| EWG latest price $27.5700 (-2.2%) ($27.5600 - $27.9200) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 54 |
Latest Price | $27.5700(-2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.4% a day on average for past five trading days. |
Weekly Trend | EWG advances 0.9% 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(91%) EWP(84%) IDRV(76%) SPY(75%) DIA(73%) |
Factors Impacting EWG price | EWG will decline at least -1.07% in a week (0% probabilities). VIXM(-44%) UUP(-43%) VXX(-14%) TLT(-4%) 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 | -1.07% (StdDev 2.14%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.9% |
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