| EWG latest price $31.1700 (2%) ($30.9300 - $31.2000) on Tue. Dec. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 73 |
Latest Price | $31.1700(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWG advances 0.7% a day on average for past five trading days. |
Weekly Trend | EWG advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EWG advance at 0% a week (0% probability) EWI(91%) EWP(85%) IDRV(76%) SPY(75%) DRIV(74%) |
Factors Impacting EWG price | EWG will decline at least -0.79% in a week (0% probabilities). UUP(-43%) VIXM(-42%) VXX(-13%) TLT(-1%) TBT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.79% (StdDev 1.58%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.8% |
| |
|
|